Seoul: Shares, won finish down after Fed rekindles rate hike views
Published Thu, Oct 29, 2015 · 06:25 AM
[SEOUL] South Korean shares and the won fell on Thursday as expectations that the US Federal Reserve will hike interest rates in December got more traction.
The Korea Composite Stock Price Index (KOSPI) closed down 0.4 per cent at 2,034.16 points.
The local currency ended down 1.0 per cent at 1,142.3 per dollar at the conclusion of onshore trade, compared to Wednesday's close of 1,131.0.
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
Europe: Stoxx 600 logs best day in three months as banks shine
US: Stocks rally after strong tech results
Mixed trading in Asia as investors watch for further macro data; STI down 0.2%
Vietnam delays launch of new stock trading system
Hong Kong bourse regains favour on hopes of a market revival
Asia: Markets rise as strong US tech earnings offset poor data