Seoul: Stocks slip on persistent foreign selling; won down
[SEOUL] Seoul shares slipped on Thursday on foreign and institutional selling, but moves were cautious ahead of the European Central Bank's policy meeting and the release of US non-farm payrolls.
The Korea Composite Stock Price Index (KOSPI) closed down 0.8 per cent at 1,994.07 points.
Foreigners sold a net 258.7 billion won (US$222.16 million) of KOSPI shares on the day, preliminary data showed.
The South Korean won ended local trade at 1,164.6 per dollar, marginally lower than Wednesday's onshore close of 1,164.0. It lost ground for a sixth consecutive session.
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 falls on banks drag; tech contains losses on ASMI boost
US: Stocks end flat ahead of key inflation data
Hong Kong spot crypto ETFs to start trading next week
Greenback recovers from PMI slump, yen closes in on 155 per dollar
Hong Kong Stock Exchange bids farewell to first woman chair
Asia stocks rise on Wednesday amid Wall Street rally; STI up 0.6%