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KOSPI Closes 1.13% Lower on Monday

Written: 2018-03-05 15:45:02Updated: 2018-03-05 15:45:54

Both the benchmark Korea Composite Stock Price Index(KOSPI) and the KOSDAQ saw losses on Monday, on the back of trade war fears.

The KOSPI lost 27-point-10 points, or one-point-13 percent, closing the day at two-thousand-375-point-06.  

The tech-heavy KOSDAQ slipped 15-point-23 points, or one-point-77 percent. It closed the day at 845. 

On the foreign exchange, the local currency weakened one-point-seven won against the dollar, ending the session at one-thousand-82 won.

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