Arab Today, arab today south korean shares fall on geopolitical concerns
Last Updated : GMT 00:00:20
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.

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*

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

 



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 Youssra depended on colored foam

GMT 16:53 2017 Tuesday ,05 September

Youssra depended on colored foam
Arab Today, arab today O'Leary: Could ground more planes

GMT 06:49 2017 Friday ,22 September

O'Leary: Could ground more planes
Arab Today, arab today Etiquette expert underlines importance of gifts

GMT 17:52 2017 Sunday ,03 September

Etiquette expert underlines importance of gifts
Arab Today, arab today Huthis stage defiant rally 3 years

GMT 05:29 2017 Friday ,22 September

Huthis stage defiant rally 3 years
Arab Today, arab today Saudi Arabia to unblock internet calling apps

GMT 11:31 2017 Wednesday ,20 September

Saudi Arabia to unblock internet calling apps
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Ministry seeks to improve education

GMT 14:49 2017 Sunday ,17 September

Ministry seeks to improve education
Arab Today, arab today All eyes on May as she prepares

GMT 10:16 2017 Friday ,22 September

All eyes on May as she prepares
Arab Today, arab today Puerto Rico, Virgin Islands brace

GMT 12:01 2017 Wednesday ,20 September

Puerto Rico, Virgin Islands brace
Arab Today, arab today The history of solar eclipses

GMT 05:16 2017 Sunday ,20 August

The history of solar eclipses
Arab Today, arab today Mercedes pumps 1 bln euros    

GMT 06:04 2017 Friday ,22 September

Mercedes pumps 1 bln euros    
Arab Today, arab today Intel chips loaded in Waymo

GMT 14:43 2017 Wednesday ,20 September

Intel chips loaded in Waymo
Arab Today, arab today Youssra prepares for launching her  program

GMT 08:59 2017 Wednesday ,20 September

Youssra prepares for launching her program
Arab Today, arab today France hopeful of persuading Trump

GMT 06:21 2017 Wednesday ,20 September

France hopeful of persuading Trump

GMT 09:40 2017 Tuesday ,19 September

Actress Ream Hhagag prepares for a new film

GMT 18:09 2017 Thursday ,21 September

China lifts 10-year travel ban

GMT 16:53 2017 Saturday ,02 September

Mai importance of gifts during Eid Al-Adha

GMT 19:18 2017 Monday ,18 September

5,000 'Dieselgate' deaths in Europe per year

GMT 10:46 2017 Saturday ,05 August

Nanis reveals simple ideas for home renovation

GMT 18:03 2017 Thursday ,21 September

Alarm over flesh-eating ulcer cases

GMT 07:00 2017 Wednesday ,20 September

A no-frills business success

GMT 17:12 2017 Monday ,07 August

Al-Shawaifi reveals secrets of total solar eclipse

GMT 12:46 2017 Thursday ,21 September

Google likely to buy stake in Taiwan smartphone maker HTC

GMT 11:37 2017 Saturday ,12 August

Fashion designer reveals her new collection
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