KOSPI slumps nearly 2.4% upon trading opening on Thursday
- 6 years ago
South Korea's benchmark KOSPI started trading on Thursday below the 2-thousand-180 mark, a low not seen since April 2017.
It's a near two-point-four percent decline from the previous day... another slump after seven straight sessions of decline.
Analysts attribute the jitters to the trade tensions between China and the U.S.,... as well as fears of contagion in emerging markets.
Foreign investors and institutions bought local shares worth 19-million U.S. dollars and 14-million dollars, respectively, while individual investors sold shares worth a combined 34-point-three million dollars.
It's a near two-point-four percent decline from the previous day... another slump after seven straight sessions of decline.
Analysts attribute the jitters to the trade tensions between China and the U.S.,... as well as fears of contagion in emerging markets.
Foreign investors and institutions bought local shares worth 19-million U.S. dollars and 14-million dollars, respectively, while individual investors sold shares worth a combined 34-point-three million dollars.