Archive · Business Recorder
South Korea shares fell after selloff continues on Wall Street
SEOUL: Round-up of South Korean financial markets: South Korean shares fell on Tuesday as a selloff of tech shares deepened on Wall Street, offsetting positive sentiment from a plunge in oil prices. The won strengthened, while the benchmark bond yield fell. The benchmark KOSPI was down 159.11 points, or 2.72%, at 5,699.97 as of 0233 GMT. Chipmaker Samsung Electronics fell 3.17%, while peer SK Hynix lost 4.14%. Among other index heavyweights, battery maker LG Energy Solution slid 3.51%, while Hyundai Motor and sister automaker Kia Corp were down 3.57% and down 1.25%, respectively. Stocks on Wal...
ZAZTEK archives the headline, summary and publication date so the story stays findable. The full article remains the publisher's. Read it at Business Recorder →