Seoul stocks rally for third straight session

Business | 1 Jun 2021 3:11 pm

South Korean shares rallied for a third straight session on Tuesday, as investors lapped up stellar exports data and factory activity, implying stronger growth for Asia's fourth-largest economy, Reutes reports.

Both the won and the benchmark bond yield climbed.

The benchmark KOSPI ended up 17.95 points, or 0.56 percent, at 3,221.87, its highest closing since May 10. 

Among the heavyweights, technology giant Samsung Electronics added 0.12 percent and peer SK Hynix won  1.18 percent, while battery maker LG Chem and internet giant Naver added 0.73 percent and 1.24 percent, respectively.



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