You are here

Seoul: Won finishes at 1-month low, stocks wobble

30119626 - 03_12_2013 - FOREX4.jpg

[SEOUL] The South Korean won eased to a one-month low on Monday as weak Chinese economic data boosted global aversion to riskier assets.

The won was quoted at 1,179.7 to the US dollar at the conclusion of onshore trade, down 0.7 per cent compared to Friday's close of 1,171.4. Trading was boxed in below the 1,180.0 level on US dollar-selling.

South Korean shares wobbled. The Korea Composite Stock Price Index (KOSPI) closed at 1,967.91 points, almost unchanged from its previous close.

REUTERS