South Korean stocks ended lower Tuesday as investors’ sentiment was dented by the on-going civil unrest in Hong Kong, analysts said. The local currency fell against the U.S. dollar.
The benchmark Korea Composite Stock Price Index shed 6.51 points, or 0.32 percent, to 2,020.09. Trading volume was moderate at 314.73 million shares worth 4.45 trillion won ($4.22 billion), with decliners outnumbering gainers 439 to 394.
Analysts said Seoul shares traded lower as investors took a wait-and-see approach to political uncertainties in Hong Kong, the financial hub of China, the No. 1 trading partner for Asia’s fourth-largest economy. (Yonhap)
The benchmark Korea Composite Stock Price Index shed 6.51 points, or 0.32 percent, to 2,020.09. Trading volume was moderate at 314.73 million shares worth 4.45 trillion won ($4.22 billion), with decliners outnumbering gainers 439 to 394.
Analysts said Seoul shares traded lower as investors took a wait-and-see approach to political uncertainties in Hong Kong, the financial hub of China, the No. 1 trading partner for Asia’s fourth-largest economy. (Yonhap)
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Articles by Korea Herald