South Korea: Stocks wobble on recession, trade war concerns

South Korean shares ended lower on Tuesday as a drop in US yield curve fuelled demand for safe-haven bets, adding pressure on the market, already hit by Sino-US trade war and Japan's export curbs.[SEOUL] South Korean shares ended lower on Tuesday as a drop in US yield curve fuelled demand for safe-haven bets, adding pressure on the market, already hit by Sino-US trade war and Japan's export curbs.Foreigners were net sellers of US$142.88 million worth of shares on the main board.

South Korea's construction stocks slumped after the government introduced a regulation to cool the housing market. The construction sub-index was the biggest percentage loser among KOSPI sub-indexes, with a 2.9 per cent drop. The KOSPI dropped 5.64 per cent so far this year, but lost 8.8 per cent in the previous 30 trading sessions.

Belgique Dernières Nouvelles, Belgique Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

US stocks tumble on trade war, weakening outlookNEW YORK: Wall Street stocks finished a bruising session sharply lower on Monday (Aug 12) as worries about slowing growth and the protracted ...
La source: ChannelNewsAsia - 🏆 6. / 66 Lire la suite »

US: Wall St stocks tumble on trade war, weakening outlook[NEW YORK] Wall Street stocks finished a bruising session sharply lower Monday as worries about slowing growth and the protracted US-China trade war hit banking shares and the broader market. Read more at The Business Times.
La source: BusinessTimes - 🏆 15. / 51 Lire la suite »

Tokyo: Stocks open lower amid higher yen, falls in US shares[TOKYO] Tokyo stocks opened lower on Tuesday as a stronger yen and falls on Wall Street weighed on the market after three days of holidays. Read more at The Business Times.
La source: BusinessTimes - 🏆 15. / 51 Lire la suite »