Arab Today, arab today seoul shares shed 077 on currency woes
Last Updated : GMT 02:19:38
Arab Today, arab today
Arab Today, arab today

Seoul shares shed 0.77% on currency woes

Arab Today, arab today

Arab Today, arab today Seoul shares shed 0.77% on currency woes

Seoul shares
Seoul - Yonhap

South Korean stocks extended their loss to the sixth consecutive day on Thursday as the won's sharp decline to the U.S. dollar stoked concerns of an outflow of foreign capital from the local stock market, analysts said. The local currency rose slightly against the U.S. dollar.
The benchmark Korea Composite Stock Price Index (KOSPI) shed 15.38 points, or 0.77 percent, to 1,976.16, the lowest level since June 23 when it closed at 1,974.92 points. Trading volume was moderate at 319 million shares worth 4.63 trillion won (US$4.37 billion), with gainers outnumbering losers 446 to 384.

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