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Companies & Markets

Seoul: Shares fall on ex-dividend; won flat

Published Mon, Dec 29, 2014 · 06:20 AM
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[SEOUL] South Korean shares fell on Monday as they went ex-dividend, underperforming most of their regional peers.

The Korea Composite Stock Price Index (KOSPI) ended down 1 per cent at 1,927.86 points.

The won closed nearly unchanged after being locked in a tight range all session, with trading thinned out as investors squared out their positions ahead of the year-end.

The currency was quoted at 1,097.8 to the dollar at the conclusion of onshore trade, compared to 1,098.7 at Friday's close.

REUTERS

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