SEOUL: South Korean stocks rebounded late Wednesday morning as investors sat on the sidelines ahead of the release of the Federal Open Market Committee’s minutes this week, Yonhap News Agency reported.
After opening slightly lower, the benchmark Korea Composite Stock Price Index had added 1.81 points, or 0.07 percent, to 2,725.99 as of 11:20 am.
Financial firms traded lower, with KB Financial falling 1.96 percent and Shinhan Financial losing 1.74 percent.
The local currency was trading at 1,361.2 won against the US dollar at 11:20 am, up 2.1 won from the previous session’s close
Source: Emirates News Agency