Business News
Shares fall 2.4 per cent in Seoul
Oct 28, 2009, 7:56 GMT
Seoul - Shares tumbled Wednesday on the Seoul stock exchange over growing concerns about the recovery of the US economy.
South Korea's currency fell also against the dollar.
The benchmark Kospi index shed 39.82 points, or 2.4 per cent, to close at 1,609.71. Declining issues outnumbered advancers 691 to 132.
The main index of the technology-heavy Kosdaq market slid 13.48 points to 488.82.
On currency markets, the US dollar was quoted at 1,195.40 Korean won, after Tuesday's close of 1,184.40 won.
COMMENT
blog comments powered by DisqusLatest Headlines in Business
- 1. US unemployment drops further, but figures disappoint
- 2. Japan stocks down as euro debt outweighs positive US data
- 3. Iraq resumes oil flow after pipeline blast in Turkey
- 4. Spanish bond auction lifts eurozone worries, sinks Japan stocks
- 5. ECB holds rates, rules out early exit from emergency measures
Older Talkback
