KOSPI Loses 1.69% amid US-N. Korea Tension

Write : 2017-08-11 15:50:46 Update : 2017-08-11 16:23:22

KOSPI Loses 1.69% amid US-N. Korea Tension

The benchmark Korea Composite Stock Price Index(KOSPI) on Friday plunged 39-point-76 points, or one-point-69 percent, to close at two-thousand-319-point-71.
 
The sharp drop comes as concerns mount over geopolitical risks surrounding the Korean Peninsula and the Western Pacific region amid North Korea's discussions of firing missiles at Guam. 

As U.S. President Donald Trump raised the level of his warning against North Korea, foreign investors dumped 649-point-eight billion won worth of Korean stocks in the main bourse. 
 
The tech-heavy KOSDAQ also fell, losing eleven-point-70 points, or one-point-83 percent. It closed the day at 628-point-34.
 
On the foreign exchange market, the value of the local currency weakened one-point-five won against the U.S. dollar, closing at one-thousand-143-point-five won.
 

  • RSS
  • Facebook
  • Twitter
  • print
  • list
  • Top
prev  prev  1 2 3 4 5 6 7 8 9 10 next
Internet Radio On-Air Window to KBS WORLD Radio Window to KOREA
Let's Learn Korean (Mobile)
North Korea Inside
More Service
KBS World Radio Mobile
  • KBS World Radio Mobile
  • The new app consolidates KBS World Radio’s news and feature contents with services previously provided through separate apps...

<

1 / 4

>