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[4K] On the way to Music Bank year-end SpecialㅣBoy Group
2025-12-26
KOSPI, KOSDAQ Slip on Hints of US Rate Hike
Written: 2016-05-19 15:21:05 / Updated: 2016-05-19 15:34:12
The benchmark Korea Composite Stock Price Index(KOSPI) fell on Thursday after the U.S. Federal Reserve signaled that an interest rate hike is likely if economic conditions keep improving.
The main index retreated nine-point-95 points, or zero-point-51 percent, to close at one-thousand-946-point-78.
The tech-heavy KOSDAQ lost four-point-48 points, or zero-point-66 percent, to 679-point-39.
On the foreign exchange market, the value of the local currency weakened nine-point-one won against the greenback to one-thousand-191-point-seven won.
The main index retreated nine-point-95 points, or zero-point-51 percent, to close at one-thousand-946-point-78.
The tech-heavy KOSDAQ lost four-point-48 points, or zero-point-66 percent, to 679-point-39.
On the foreign exchange market, the value of the local currency weakened nine-point-one won against the greenback to one-thousand-191-point-seven won.
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