ID :
77202
Thu, 08/27/2009 - 11:18
Auther :
Shortlink :
https://www.oananews.org//node/77202
The shortlink copeid
Seoul shares open lower on exporter, financial losses
SEOUL, Aug. 27 (Yonhap) -- South Korean stocks started weaker Thursday as investors unloaded exporters and financial shares, analysts said.
The benchmark Korea Composite Stock Price Index (KOSPI) declined 0.46 point, or
0.03 percent, to 1,613.66 in the first 15 minutes of trading.
The KOSPI rose to a fresh 13-month high on Wednesday as investors snapped up
undervalued shares and the U.S. economy showed signs of improvement.
The local currency was trading at 1,247.65 won to the U.S. dollar as of 9:15
a.m., down 2.35 won from Wednesday's close.
The benchmark Korea Composite Stock Price Index (KOSPI) declined 0.46 point, or
0.03 percent, to 1,613.66 in the first 15 minutes of trading.
The KOSPI rose to a fresh 13-month high on Wednesday as investors snapped up
undervalued shares and the U.S. economy showed signs of improvement.
The local currency was trading at 1,247.65 won to the U.S. dollar as of 9:15
a.m., down 2.35 won from Wednesday's close.
