South Korea stock market rose Monday but may give back gains due to profit-taking.

From Nasdaq, Inc.: 2024-10-21 19:00:53

The South Korea stock market bounced back on Monday, with the KOSPI rising 0.43 percent to close above 2,600 points. The global market forecast remains negative, with profit-taking expected across regions. Wall Street had a mixed performance, with the Dow falling while the NASDAQ reached a three-month high. Oil prices rose on Monday due to Middle East tensions. In economic news, U.S. leading economic indicators fell more than expected in September. Traders are gearing up for a flood of corporate earnings reports later in the week.



Read more at Nasdaq, Inc.: South Korea Bourse May Hand Back Monday’s Gains