Arab Today, arab today seoul shares end 22 lower on first day of trading in 2014
Last Updated : GMT 10:36:23
Arab Today, arab today
Arab Today, arab today

Seoul shares end 2.2% lower on first day of trading in 2014

Arab Today, arab today

Arab Today, arab today Seoul shares end 2.2% lower on first day of trading in 2014

Seoul - Yonhap

South Korean stocks closed 2.2 percent lower Thursday, the first trading day of the new year, as tech shares and automakers lost ground amid the yen's weakness, analysts said. The local currency rose against the U.S. dollar. The benchmark Korea Composite Stock Price Index (KOSPI) declined 44.15 points to 1,967.19. Trading volume was moderate at 204.4 million shares worth 4.22 trillion won (US$4.02 billion) with losers outpacing gainers 546 to 252.

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