Win Streak May Continue For South Korea Shares

(RTTNews) - The South Korea stock market has finished higher in three straight sessions, collecting almost 110 points or 5.3 percent along the way. The KOSPI now rests just above the 2,225-point plateau and it's looking at another green light again on Friday.

The global forecast for the Asian markets is upbeat on optimism for further resolution in the trade dispute between the United States and China. The European and U.S. markets were up and the Asian bourses are tipped to open in similar fashion.

The KOSPI finished sharply higher on Thursday following gains from the financial shares, technology stocks and industrials.

For the day, the index soared 62.31 points or 2.88 percent to finish at 2,227.94 after trading between 2,182.25 and 2,229.99. Volume was 683 million shares worth 8.06 trillion won. There were 733 gainers and 130 decliners.

Among the actives, Shinhan Financial climbed 1.40 percent, while KB Financial accelerated 2.38 percent, Hana Financial collected 1.75 percent, Samsung Electronics rose 2.69 percent, LG Electronics gained 2.45 percent, Samsung SDI was up 1.43 percent, SK Hynix advanced 2.87 percent, POSCO perked 4.43 percent, SK Telecom gathered 1.78 percent, KEPCO added 0.39 percent, Hyundai Motors surged 6.45 percent and Kia Motors soared 4.82 percent.
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