South Korean stock markets extend gains led by Samsung ...Middle East

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Seoul: Seoul shares extended gains on Wednesday, led by Samsung Electronics, despite concerns over lingering market jitters two days after massive selloffs due to fears of a US recession. The benchmark Korea Composite Stock Price Index (KOSPI) added 61.04 points, or 2.42 percent, to 2,583.19 as of 11.20 am (local time). The main index ended 3.3 per cent higher on Tuesday after plunging nearly 9 per cent a day earlier due to massive selloffs amid concerns over a recession in the United States, reports Yonhap news agency. Overnight, the Dow Jones Industrial Average rose 0.76 per cent to 38,997.66, and the tech-heavy Nasdaq Composite climbed 1.03 per cent to 16,366.85. Individuals bought a net

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