(17 Apr 2025)
RESTRICTION SUMMARY:
ASSOCIATED PRESS
Seoul, South Korea – 17 April 2025
1. Various of screen displaying financial indices and USD/KRW rate
2. Various of Hana Bank staff monitoring financial data
3. Various of screens showing market data
4. Bank staff on trading floor
STORYLINE:
South Korean stocks ticked up in early trade Thursday after the central bank announced it would keep interest rates steady.
The benchmark Korea Composite Stock Price Index (KOSPI) was trading at 2460.12 in mid-morning, about 0.5% higher than Wednesday’s closing level.
The Bank of Korea said it would hold its baseline interest rate steady at 2.75%.
Despite the prospect of a snap election later in the year and uncertainty over the Trump administration’s tariffs, the KOSPI has gained around 2.4% so far this y ear.
AP Video by Yong-ho Kim
===========================================================
Clients are reminded to adhere to all listed restrictions and to check the terms of their licence agreements. For further assistance, please contact the AP Archive on: Tel +44(0)2074827482 Email: info@aparchive.com.
Find out more about AP Archive: http://www.aparchive.com/HowWeWork
Twitter: https://twitter.com/AP_Archive
Facebook: https://www.facebook.com/APArchives
Instagram: https://www.instagram.com/APNews/
You can license this story through AP Archive: http://www.aparchive.com/metadata/youtube/3d9358830870464f82b52a7eb3f79c4e
Author: AP Archive
Go to Source
News post in April 22, 2025, 3:05 am.
Visit Our Sponsor’s:
News Post In – News
