Seoul: Stocks slip for 3rd consecutive session, won up
Add BT as a preferred source
DeeperDive is a beta AI feature. Refer to full articles for the facts.
[SEOUL] South Korean shares slipped on Friday, as the European Central Bank underwhelmed investors with its weaker-than-expected stimulus measures.
The Korea Composite Stock Price Index (KOSPI) closed down 1 per cent at 1,974.40 points, falling for its third consecutive session. For the week, it lost 2.7 per cent.
Foreign investors were net sellers for a third straight session, offloading a net 359 billion won (S$432.96 million) worth of shares in the main board during the period.
The South Korean won ended local trade 0.7 per cent higher at 1,156.7 against the dollar. On a weekly basis, it lost 0.3 per cent, snapping a two-week winning streak.
REUTERS
Share with us your feedback on BT's products and services
TRENDING NOW
Genting Singapore’s Lim Kok Thay receives S$7.5 million pay package for FY2025
Mustafa Centre begins fit-out at JB’s Capital City Mall after 2-year delay
China pips the US if Asean is forced to choose, but analysts warn against reading it like a sports result
From 1MDB to ‘corporate mafia’: Is Malaysia facing a new governance test?
