south korean shares fall on foreign selling
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 foreign selling

Arab Today, arab today

Arab Today, arab today South Korean shares fall on foreign selling

Seoul - XINHUA

South Korean shares fell on Monday, the first decline in six trading days, as foreigners offloaded domestic stocks ahead of major announcements this week.The benchmark Korea Composite Stock Price Index (KOSPI) fell 8. 9 points, or 0.44 percent, to close at 1,995.99. Trading volume stood at 264.57 million shares worth 2.58 trillion won (2.32 billion U.S. dollars).The trading volume was the lowest in six years as investors took to the sidelines ahead of the announcements scheduled for this week such as the government plans to stimulate the real estate market, the preliminary first-quarter earnings from Samsung Electronics and the Bank of Japan (BOJ)'s monetary policy meeting.Foreign funds reduced their holdings of stocks by 58.7 billion won after increasing shares in the prior session. Local institutions were net sellers during the trading before turning to net buyers in the last minutes of the session. Retail investors bought a net 54.8 billion won worth of shares, limiting the KOSPI' s further fall.Market bellwether Samsung Electronics lost 1 percent, the first decline in three sessions, amid uncertainties for the first- quarter earnings result. Top automaker Hyundai Motor declined 0.9 percent due to rising speculation for the deepening of the weak yen trend ahead of the BOJ's monetary policy meeting on Thursday.The nation's No.2 carmaker Kia Motors lost 0.9 percent, and the nation's biggest auto parts maker Hyundai Mobis declined 0.5 percent. Top life insurer Samsung Life insurance fell 1.4 percent on mounting expectations over the reduction in dividends.The local currency finished at 1,114.8 won against the greenback, down 3.7 won from Friday's close.Bond prices ended higher. The yield on the liquid three-year treasury notes fell 0.03 percentage point to 2.49 percent, and the return on the benchmark five-year government bonds lost 0.01 percentage point to 2.57 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 foreign selling south korean shares fall on foreign selling

 



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 foreign selling south korean shares fall on foreign selling

 



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