Seoul shares open lower on inflation, Mideast woes
The benchmark KOSPI fell 0.72 percent as Samsung Electronics and SK hynix led losses amid higher oil prices and Middle East tensions.
7 Articles
7 Articles
Seoul shares open lower on inflation, Mideast woes
Seoul shares opened lower Monday, as losses in technology stocks weighed on the market amid inflation concerns stoked by elevated oil prices and the escalating Middle East crisis. The benchmark Korea Composite Stock Price Index (KOSPI) fell 47.76 points, or 0.72 percent, to 6,578.17 at the opening bell. The decline came despite overnight gains on Wall Street. The Dow Jones Industrial Average rose 0.83 percent on Friday (local time), while the te…
Seoul shares extend losses on tech sell-off - tennews.in: National News Portal
Seoul, Oct 12 (IANS) Seoul shares extended their losses late on Monday morning, led by declines in technology stocks, as elevated oil prices and escalating tensions in the Middle East fuelled inflation concerns. After opening 0.72 percent lower, the benchmark Korea Composite Stock Price Index (KOSPI) fell 150.98 points, or 2.28 percent, to 6,474.95 as […] The post Seoul shares extend losses on tech sell-off appeared first on tennews.in: National…
Asian stock markets opened mixed as investors watched the conflict between Saudi Arabia and the Houthi rebels for fear of impacting energy supplies. At the same time, they awaited US CPI and PPI data to assess the direction of the Fed's interest rates. The Hang Seng opened up 0.92%, while the KOSPI fell 1.34%. The post “Asian Stocks” Open Mixed, Watching the Middle East and US Inflation appeared first on Business Online Stock News.
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Seoul shares extend losses on tech sell-off
Seoul, Oct 12 (SocialNews.XYZ) Seoul shares extended their losses late on Monday morning, led by declines in technology stocks, as elevated oil prices and escalating tensions in the Middle East fuelled inflation concerns. After opening... - Social News XYZ
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