Category: General

Seoul shares up 0.64 pct late Thurs. morning

South Korean stocks traded 0.64 percent higher late Thursday morning on rising optimism for a rate cut by the Federal Reserve.

The benchmark Korea Composite Stock Price Index had gained 17.8 points to 2,811.81 as of 11:20 a.m.

On Wall

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BURSA MALAYSIA ENDS MARGINALLY HIGHER

Bursa Malaysia closed marginally higher today as gains in utility giants were trimmed by profit-taking in selected index-linked telecommunication heavyweights, analysts said.

At 5 pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) rose 1.43 points to 1,616….

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