The Business Times

Seoul: Stocks, won fall; investors brace for US jobs data

Published Fri, Dec 2, 2016 · 06:49 AM

[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

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

SUPPORT SOUTH-EAST ASIA'S LEADING FINANCIAL DAILY

Get the latest coverage and full access to all BT premium content.

SUBSCRIBE NOW

Browse corporate subscription here