Arab Today, arab today south korean shares fall on geopolitical concerns
Last Updated : GMT 12:09:24
Arab Today, arab today
Arab Today, arab today

South Korean shares fall on geopolitical concerns

Arab Today, arab today

Arab Today, arab today South Korean shares fall on geopolitical concerns

South Korean shares
Seoul - XINHUA

 South Korean shares ended sharply lower on Friday due to geopolitical concerns in Iraq and Ukraine, which worsened investor sentiment.
The benchmark Korea Composite Stock Price Index (KOSPI) sank 23. 41 points, or 1.14 percent, to close at 2,031.10. Trading volume stood at 347.91 million shares worth 4.41 trillion won (4.26 billion U.S. dollars).
U.S. President Barack Obama approved air strikes on Iraq, which aggravated further the already worsened investor sentiment.
Concerns already spread among investors that economic sanctions on Russia caused by the Ukraine crisis would weaken the global economic recovery.
The KOSPI extended its initial losses throughout the session as foreigners and local institutions sold stocks worth 203.2 billion won and 73.8 billion won respectively. Retail investors bought shares worth 272.3 billion won.
Market watchers said that negative effects from the geopolitical concerns would be short-lived, forecasting the local stock market may rebound in the foreseeable future on hopes for fiscal stimulus measures.
Market bellwether Samsung Electronics declined 3.1 percent on foreign selling. Both export and domestic demand related shares, including Hyundai Motor, SK Hynix, Kia Motors, POSCO and Samsung Life Insurance, fell between 1 and 3 percent.
The nation's biggest web search engine Naver and power supplier Korea Electric Power Corp. gained 3.2 percent and 0.8 percent each despite foreign selling.
The South Korean currency finished at 1,036.5 won against the greenback, up 1.1 won from Thursday's close.
Bond prices ended higher. Yield on the liquid three-year treasury notes declined 0.026 percentage point to 2.500 percent, and the return on the benchmark 10-year government bonds retreated 0.051 percentage point to 3.034 percent.

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*

Arab Today, arab today south korean shares fall on geopolitical concerns Arab Today, arab today south korean shares fall on geopolitical concerns

 



Arab Today, arab today
Arab Today, arab today Hats, scarves add beauty to women

GMT 19:10 2017 Friday ,17 February

Hats, scarves add beauty to women
Arab Today, arab today Tourism shows signs of recovery

GMT 09:59 2017 Monday ,20 February

Tourism shows signs of recovery
Arab Today, arab today To release new antiques collection

GMT 20:33 2017 Friday ,17 February

To release new antiques collection
Arab Today, arab today Optimism on the front line

GMT 07:24 2017 Monday ,20 February

Optimism on the front line
Arab Today, arab today Murder of 2 reporters in Dominican Republic

GMT 22:45 2017 Thursday ,16 February

Murder of 2 reporters in Dominican Republic

GMT 09:49 2017 Saturday ,18 February

Qatar Stock Exchange Index Gains 190.17 Points This Week

GMT 09:15 2017 Friday ,17 February

Asia stocks retreat after week-long Trump rally

GMT 08:14 2017 Friday ,17 February

Bahrain Bourse daily trading report

GMT 21:28 2017 Thursday ,16 February

US Stocks End High on Tuesday

GMT 21:18 2017 Thursday ,16 February

Chinese Yuan Strengthens to 6.8632 Against USD Wednesday

GMT 09:55 2017 Thursday ,16 February

Robust Omani Riyal exchange rate affirmed
View News in Arabic - Business: أسواق مالية
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Kidogo provides childcare for underserved

GMT 20:24 2017 Wednesday ,15 February

Kidogo provides childcare for underserved
Arab Today, arab today Tragic fluctuations of Bakhtiari's life revealed

GMT 06:50 2017 Wednesday ,15 February

Tragic fluctuations of Bakhtiari's life revealed
Arab Today, arab today London to tax old cars

GMT 14:06 2017 Friday ,17 February

London to tax old cars
Arab Today, arab today Pluto's unruly moons

GMT 06:31 2015 Thursday ,04 June

Pluto's unruly moons
Arab Today, arab today Competes Sweden and Germans by S90

GMT 22:36 2017 Thursday ,16 February

Competes Sweden and Germans by S90
Arab Today, arab today Porsche reveals new 2018 Panamera

GMT 17:31 2017 Wednesday ,15 February

Porsche reveals new 2018 Panamera
Arab Today, arab today Egypt to hold first session of Arab film festival

GMT 21:11 2017 Saturday ,18 February

Egypt to hold first session of Arab film festival
Arab Today, arab today Teach monkeys to recognize themselves in mirror

GMT 20:41 2017 Wednesday ,15 February

Teach monkeys to recognize themselves in mirror

GMT 07:30 2017 Saturday ,18 February

Actress Nadeen Al Rassi views art as her entity

GMT 06:40 2017 Friday ,10 February

MP calls for removing text from Islamic story

GMT 13:16 2017 Tuesday ,14 February

First fashion model with Down syndrome

GMT 10:26 2017 Tuesday ,14 February

Emergency UN meeting in Harare

GMT 14:04 2017 Tuesday ,14 February

"Lagom" new Swedish concept in interior design

GMT 12:07 2017 Thursday ,16 February

Bite-mimicking malaria vaccine

GMT 19:16 2017 Friday ,17 February

Aziz House ready to host the tourists

GMT 13:12 2015 Saturday ,09 May

Sheikh Sultan opens Sharjah Centre

GMT 21:42 2017 Sunday ,12 February

Rania al-Ghazali designs candles of bubbles
Arab Today, arab today
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
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday