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KOSPI Closes Thursday Down 0.31%

Written: 2019-07-18 15:47:32Updated: 2019-07-18 15:50:10

The benchmark Korea Composite Stock Price Index(KOSPI) fell for the second day in a row despite a surprise cut in the benchmark rate by the Bank of Korea. 

The main bourse declined six-point-37 points, or point-31 percent, on Thursday to end at two-thousand-66-point-55.

The tech-heavy KOSDAQ also fell, losing one-point-13 points, or point-17 percent, to close at 665-point-15.  

On the foreign exchange, the local currency strengthened two-point-five won against the dollar, ending the session at one-thousand-178-point-eight won.

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