Seoul: Shares, won finish down after Fed rekindles rate hike views

Published Thu, Oct 29, 2015 · 06:25 AM

[SEOUL] South Korean shares and the won fell on Thursday as expectations that the US Federal Reserve will hike interest rates in December got more traction.

The Korea Composite Stock Price Index (KOSPI) closed down 0.4 per cent at 2,034.16 points.

The local currency ended down 1.0 per cent at 1,142.3 per dollar at the conclusion of onshore trade, compared to Wednesday's close of 1,131.0.

REUTERS

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes

Capital Markets & Currencies

Singapore stocks end lower after US market wobbles ahead of CPI data; STI down 0.2%
LSEG reports in-line first quarter as Microsoft partnership progresses
Japan brokerage Daiwa’s Q4 profit more than doubles as markets recover
South Korea readies new system to detect illegal short-selling
Asia: Markets mixed as global rally stalls, eyes on yen
Singapore shares retreat at Thursday’s open; STI down 1.1%

Companies & Markets

Seoul: Shares, won finish down after Fed rekindles rate hike views

Capital Markets & Currencies

Singapore stocks end lower after US market wobbles ahead of CPI data; STI down 0.2%

LSEG reports in-line first quarter as Microsoft partnership progresses

Japan brokerage Daiwa’s Q4 profit more than doubles as markets recover

South Korea readies new system to detect illegal short-selling

Asia: Markets mixed as global rally stalls, eyes on yen

Singapore shares retreat at Thursday’s open; STI down 1.1%

SUPPORT SOUTH-EAST ASIA'S LEADING FINANCIAL DAILY

SECTIONS

LIFESTYLE

Follow BT