Arab Today, arab today seoul shares open lower ahead of earnings reports china concerns
Last Updated : GMT 17:42:02
Arab Today, arab today
Arab Today, arab today

Seoul shares open lower ahead of earnings reports, China concerns

Arab Today, arab today

Arab Today, arab today Seoul shares open lower ahead of earnings reports, China concerns

Seoul - Arab Today

South Korean stocks opened lower on Friday ahead of earning reports by major listed companies and concerns that the Chinese economy may be slowing down, analyst said. The benchmark Korea Composite Stock Price Index (KOSPI) lost more ground after opening in the negative territory and was down 9.65 points, or 0.50 percent, to 1,937.94 in the first 15 minutes of trading. Analysts said institution and foreign investors were off-loading more shares than they buying, putting pressure on the bourse.

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