The stock index on Monday nearly recovered the 1,air jordan pas cher,400 points level it held before the financial crisis and the won strengthened against the dollar. The KOSPI closed at 1,abercrombie france,397.92, up 28,hollister france.56 points or 2,hollister.09 percent from the previous day,hollister.
The index has risen by about 40 percent since it dipped below 1,000 points on March 3.
The rebound was due to a series of economic indicators hinting at economic recovery in the U,louboutin pas cher.S. amid the widespread belief that swine flu fears are exaggerated and reduced worries about the worsening global economy,hollister deutschland. Another reason was that U.S. investment guru Warren Buffett hinted he could buy more Korean stocks, experts speculate.
The won rose as dollar supplies increased with foreign investors net buying more than W400 billion worth of Seoul shares. The won closed at W1,272.50 against the greenback,hollister, up W9.50 from the previous day.
Over the last three business days,casque beats, the won rose W84,hollister.30 to the highest since Dec,hollister. 30,woolrich, when it closed at W1,259.50. Related articles:
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This is the first time in which the Korean government or a Korean company has organized a festival at Red Square. The Korean Embassy is being generous in its support so as to make this an opportunity to advertise Korea.
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