Seoul - Yonhap
The South Korean market is likely to remain cautious next week ahead of U.S. President Barack Obama's Labor Day speech, watching whether he will come up with an effective stimulus package, local analysts said Saturday. The view comes as the benchmark Korea Composite Stock Price Index (KOSPI) wrapped up this week at 1,867.75, up 88.8 points, or 5 percent, from a week earlier.