The Business Times

Seoul: Won ends streak of gains, stocks down along with others in Asia

Published Tue, Mar 8, 2016 · 06:25 AM
Share this article.

[SEOUL] The South Korean won had a six-session streak of gains snapped on Tuesday due to falls in stock markets in Japan and China amid thin trading ahead of a European Central Bank policy meeting on Thursday.

The local currency was quoted at 1,206.7 to the dollar at the conclusion of onshore trade, down 0.4 per cent from Monday's close of 1,201.4.

The Korea Composite Stock Price Index (KOSPI) finished down 0.6 per cent at 1,946.09 points, a one-week closing low.

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

SUPPORT SOUTH-EAST ASIA'S LEADING FINANCIAL DAILY

Get the latest coverage and full access to all BT premium content.

SUBSCRIBE NOW

Browse corporate subscription here