south korean shares fall on downbeat data of top 2 economies
Last Updated : GMT 06:49:16
Arab Today, arab today
Arab Today, arab today
Last Updated : GMT 06:49:16
Arab Today, arab today

South Korean shares fall on downbeat data of top 2 economies

Arab Today, arab today

Arab Today, arab today South Korean shares fall on downbeat data of top 2 economies

Seoul - XINHUA

South Korean shares trimmed earlier losses but closed in a negative territory for the first time in three sessions on Tuesday as foreigners turned into net sellers due to downbeat economic indicators from the world's top two economies. The benchmark Korea Composite Stock Price Index (KOSPI) slid 4. 30 points, or 0.22 percent, to close at 1,941.25. Trading volume stood at 222.62 million shares worth 3.73 trillion won (3.46 billion U.S. dollars). Manufacturing activity in the United States and China contracted, raising worries about lack of momentum in the global economy. The flash HSBC/Markit purchasing managers'index (PMI) for U.S. manufacturers fell to 55.5 in March from 57.1 in February, missing market expectations of 56.5. The financial data provider Markit said that manufacturing business conditions in the United States continued to improve at the end of the first quarter. The preliminary manufacturing PMI for China declined for a third month to an eight-month low of 48.1 in March, but it promoted speculations that China may unveil fresh stimulus. Foreign investors sold shares worth 87 billion won after buying shares the previous day. Retail investors offloaded stocks worth 11.2 billion won, but institutional investors bought a net 81.6 billion won worth of shares, limiting the KOSPI's further decline. Large-cap shares ended mixed. Market bellwether Samsung Electronics retreated more than 2 percent, and top automaker Hyundai Motor slid 1.3 percent. The nation's No.1 web search engine NAVER plunged 5 percent amid foreign selling, and top wireless carrier SK Telecom lost 0.5 percent. The nation's biggest auto parts maker Hyundai Mobis gained 1 percent, and top steelmaker POSCO climbed 1.4 percent. The state- run power supplier Korea Electric Power Corp. rose 1.1 percent, and leading chemical firm LG Chem jumped 2.4 percent. The South Korean currency finished at 1,079.4 won against the greenback, down 1.6 won from Monday's close. Bond prices ended higher. The yield on the liquid three-year treasury notes fell 0.01 percentage point to 2.87 percent, and the return on the benchmark 10-year government bonds slid 0.02 percentage point to 3.54 percent.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

south korean shares fall on downbeat data of top 2 economies south korean shares fall on downbeat data of top 2 economies

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

south korean shares fall on downbeat data of top 2 economies south korean shares fall on downbeat data of top 2 economies

 



GMT 10:06 2012 Saturday ,28 July

Querrey advances at ATP LA Open

GMT 21:15 2017 Thursday ,01 June

Trump condemns deadly Kabul explosion

GMT 02:15 2017 Thursday ,24 August

Is your country on the Qatar free entry list of 80?

GMT 19:48 2016 Monday ,03 October

Controversial boxing champ Tyson Fury retires

GMT 08:20 2015 Tuesday ,08 December

PC market woes show no sign of easing

GMT 17:27 2017 Tuesday ,25 April

20 Yemeni soldiers killed, injured in explosion

GMT 11:52 2017 Saturday ,30 December

OIC condemns Mar Mina Church attack

GMT 00:03 2017 Saturday ,25 March

Arab Meeting to Examine Anti-Corruption Methods

GMT 13:12 2017 Thursday ,20 April

Deputy premier meets Arab League chief

GMT 14:13 2014 Friday ,10 January

Opel Astra GTC

GMT 18:27 2016 Tuesday ,02 August

Turkish Foreign Minister arrives in Islamabad

GMT 11:27 2016 Tuesday ,13 December

Saudi woman arrested for challenging social norms
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday