Seoul shares likely to see modest gains ahead of ECB meeting
Seoul shares
Seoul - Yonhap
South Korean stocks are likely to trade slightly higher next week on the back of the upcoming meeting of the European Central Bank (ECB), during which policy makers are likely to reaffirm their stance on fueling eurozone growth, analysts said Saturday.
Seoul shares started relatively strong earlier in the week on news of China's surprise rate cut, the first such move since 2012, which brought up hopes of a boost in demand for South Korean chemical firms and oil refiners.
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