Economy
KOSPI Lowest in Five Months
Written: 2016-01-21 15:36:38 / Updated: 2016-01-21 15:44:19
South Korean shares headed further south on Thursday.
The benchmark Korea Composite Stock Price Index(KOSPI) inched down four-point-92 points, or zero-point-27 percent, to finish at one-thousand-840-point-53.
The closing figure was the lowest since August 24, 2015, when the stock markets faltered on instability in the Chinese market.
The tech-heavy KOSDAQ also shed three-point-84 points, or zero-point-57 percent, to close at 665-point-84.
On the Seoul foreign exchange market, the value of the local currency strengthened zero-point-three won against the U.S. dollar to close at one-thousand-213-point-seven won.
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