Business · Markets · 1 hr ago

South Korea’s Kospi and Kosdaq fall further in early trading

South Korea’s Kospi and Kosdaq fall further in early trading

South Korea’s Kospi and Kosdaq stock indexes fell sharply in early trading on Oct.

13.

The Kospi was down 2.91% at 9:01 a.m.

local time, after opening 3.10% lower.

Its losses later widened to around 4%.

The Kospi’s decline continued a five-trading-day losing streak.

The Kosdaq was down 2.88% at 9:01 a.m., and its losses later widened to around 3%.

The figures show both indexes were under heavy pressure, but no reason for the falls or later market direction was given.

Sources

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