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KOSPI Down 1.31% on Friday

Written: 2019-03-08 15:46:23Updated: 2019-03-08 15:48:02

South Korean stocks were down Friday on news of the slowing Chinese economy.

The benchmark Korea Composite Stock Price Index(KOSPI) lost 28-point-35 points, or one-point-31 percent. It ended the week at two-thousand-137-point-44, the lowest since January 25th.

The tech-heavy KOSDAQ also fell, losing point-86 point, or point-12 percent, to close at 735-point-97.

On the foreign exchange, the local currency weakened seven-point-two won against the dollar, ending the session at one-thousand-136-point-two won.

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