Korean Won, Stocks Take Spotlight After Impeachment Vote [Yahoo! Finance Canada]
Shinhan Financial Group Co Ltd American Depositary Shares (SHG)
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Source: Yahoo! Finance Canada
Most Read from Bloomberg The Korean won will be the main focus for traders, after its heavy losses during the country's recent political chaos. The currency has lost more than 2% against the greenback since President Yoon stunned markets on Dec. 3 by imposing — and quickly reversing — martial law. The won ended Friday's session at 1,435.45 per dollar. “The impeachment bill's passage will imply that the worst is over for the won in terms of political uncertainty, and markets will finally be able to gauge the direction of the currency,” So Jaeyong, an economist at Shinhan Bank Co., said before the vote took place. “It will help put a cap on the won's losses at around 1,444 per dollar,” he added. The country's stock market has already erased most of its losses triggered by the martial law incident. The benchmark Kospi Index rose 2.7% last week as investors priced in Yoon's likely removal. The performance of Korean markets on Monday will offer a sign of how confident investors ar
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News
- SHG vs. BNS: Which Stock Is the Better Value Option? [Yahoo! Finance]Yahoo! Finance
- Korean Won, Stocks Take Spotlight After Impeachment Vote [Yahoo! Finance]Yahoo! Finance
- Indian Bonds May Gain as New Central Bank Chief Seen Dovish [Yahoo! Finance Canada]Yahoo! Finance Canada
- Bonds May Gain on Rate-Cut Bets After India Names New RBI Chief [Yahoo! Finance]Yahoo! Finance
- Korea Plans to Boost Overnight Won Liquidity Post Spread Blowout [Yahoo! Finance]Yahoo! Finance
SHG
Sec Filings
- 12/9/24 - Form 6-K
- 12/9/24 - Form 6-K
- 12/6/24 - Form 6-K
- SHG's page on the SEC website