The South Korea stock market ended lower after an 11-day winning streak, with the KOSPI just above 3,440 points. Global markets are mixed to higher on interest rate optimism. On Friday, the KOSPI fell 0.46%, led by profit taking in tech, chemical, and auto stocks. Among active stocks were Shinhan Financial, Samsung Electronics, LG Electronics, and Hyundai Motor. Wall Street closed at record highs, with the Dow up 0.37%, NASDAQ up 0.72%, and S&P 500 up 0.49%. Optimism about lower interest rates drove the gains, with the Fed signaling more cuts. Crude oil fell on demand concerns after the Fed’s message.
Read more at Nasdaq: Tech Shares May Lift South Korea Stock Market
