You are here

Seoul: Stocks, won slip ahead of US payrolls data

Friday, November 6, 2015 - 14:14

766.jpg

[SEOUL] South Korean shares and won posted modest losses on Friday as market participants positioned ahead of US jobs data for clues as to what Federal Reserve will do at the bank's next monetary policy meeting in December.

The Korea Composite Stock Price Index (KOSPI) edged 0.4 per cent lower to 2,041.07 points. On a weekly basis, the KOSPI gained 0.6 per cent.

Domestic institutions and foreigners offloaded a net 144 billion won (S$177.5 million) and 50 billion won worth of KOSPI shares, respectively.

The South Korean won was quoted at 1,141.9 to the dollar at the conclusion of onshore trade, compared to Thursday's close of 1,138.5.

REUTERS

sentifi.com

Market voices on:

Nespresso
Pair your daily business read with the perfect cup of espresso.

Subscribe to The Business Times today to receive your very own Nespresso Inissia coffee machine worth $188.

Find out more at btsub.sg/btdeal

Powered by GET.comGetCom