Seoul: Stocks, won fall; investors brace for US jobs data
DeeperDive is a beta AI feature. Refer to full articles for the facts.
[SEOUL] South Korean shares and the won both finished down on Friday, unable to recover losses brought on by poor sessions on Wall Street and Europe.
Trade was tepid on Friday as investors opted to wait for a key US jobs report due out later in the global day and the result of a constitutional referendum in Italy over the weekend.
The Korea Composite Stock Price Index (Kospi) closed down 0.7 per cent at 1,970.61 points, with foreigners and institutions selling shares.
The South Korean won was quoted at 1,172.6 to the US dollar at the conclusion of onshore trade, down 0.4 per cent compared with Thursday's close of 1,167.6.
REUTERS
Share with us your feedback on BT's products and services
TRENDING NOW
From 1MDB to ‘corporate mafia’: Is Malaysia facing a new governance test?
Higher costs, lower returns: Why are Singaporeans still betting on real estate?
South-east Asian markets account for 8.8% of global capital inflows from 2021 to 2024: report
Richard Eu on how core values, customers keep Singapore’s TCM chain Eu Yan Sang relevant