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Plunging Oil Prices Pull KOSPI South

Written: 2015-12-08 15:30:57Updated: 2015-12-08 16:09:01

As global oil prices plunged, South Korean stocks continued further south on Tuesday.
 
The benchmark Korea Composite Stock Price Index (KOSPI) dropped below the one-thousand-950 mark, losing 14-point-63 points, or zero-point-75 percent, to close at one-thousand-949-point-04. 
 
The tech-heavy KOSDAQ also declined 14-point-92 points, or two-point-18 percent, to 668-point-42. 
 
On the Seoul foreign exchange market, the value of the local currency weakened ten-point-four won against the U.S. dollar, to finish at one-thousand-178-point-six won. 

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