SEOUL, Feb 29 (Reuters) – Round-up of South Korean financial markets: ** South Korean shares fell on Thursday tracking Wall Street’s overnight losses ahead of U.S. inflation data, and were set to end a five-week winning streak. The won weakened, while the benchmark bond yield rose. ** The benchmark KOSPI fell 19.64 points, or 0.74%, to 2,632.65 by 0116 GMT. ** For the week, the KOSPI was down 1.3%. South Korea’s financial markets will be closed on Friday for a public holiday. ** The U.S. personal consumption expenditures (PCE) price index – the Federal Reserve’s preferred inflation gauge – is expected to show on Thursday that prices ticked 0.3% higher on a monthly basis in January. ** Among index heavyweights,…
Published Date: 2024-02-29
Source: Market Screener
Categories: Business, Investing, Stocks and Bonds, Commodities and Futures, Home, Personal Finance, Technology
