Arab Today, arab today seoul shares slump 106 pct on economic woes
Last Updated : GMT 12:24:19
Arab Today, arab today
Arab Today, arab today

Seoul shares slump 1.06 pct on economic woes

Arab Today, arab today

Arab Today, arab today Seoul shares slump 1.06 pct on economic woes

Seoul - Yonhap

South Korean stocks closed 1.06 percent lower on Monday as investors cut their holdings amid concerns on overseas uncertainties such as the U.S. economic slowdown and China\'s inflation risk, analysts said. The local currency fell against the U.S. dollar. The benchmark Korea Composite Stock Price Index (KOSPI) tumbled 23.19 points to 2,157.16. Trading volume was moderate at 237.8 million shares worth 5.5 trillion won (US$5.2 billion), with losers outnumbering gainers 479 to 337.

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