ID :
85415
Wed, 10/21/2009 - 12:08
Auther :
Shortlink :
https://www.oananews.org//node/85415
The shortlink copeid
Seoul shares open lower on U.S. losses
SEOUL, Oct. 21 (Yonhap) -- South Korean stocks got off to a weak start Wednesday as investor sentiment was dented by overnight falls in U.S. markets amid lingering woes over an economic recovery, analysts said.
The benchmark Korea Composite Stock Price Index (KOSPI) declined 4.47 points, or
0.27 percent, to 1,654.68 in the first 15 minutes of trading.
U.S. markets closed lower Tuesday on disappointing housing data. The Dow Jones
industrial average declined 0.5 percent and the tech-laden Nasdaq composite index
shed 0.59 percent.
The local currency was trading at 1,178 won to the U.S. dollar as of 9:15 a.m.,
down 12.1 won from Tuesday's close.
sooyeon@yna.co.kr
(END)
The benchmark Korea Composite Stock Price Index (KOSPI) declined 4.47 points, or
0.27 percent, to 1,654.68 in the first 15 minutes of trading.
U.S. markets closed lower Tuesday on disappointing housing data. The Dow Jones
industrial average declined 0.5 percent and the tech-laden Nasdaq composite index
shed 0.59 percent.
The local currency was trading at 1,178 won to the U.S. dollar as of 9:15 a.m.,
down 12.1 won from Tuesday's close.
sooyeon@yna.co.kr
(END)
