South Korea: Stocks slide on trade deal concerns, Hong Kong unrest

The Seoul stock market's main KOSPI index ended down 18.47 points, or 0.86 per cent, at 2,122.45.[SEOUL] South Korean shares dropped on Wednesday as hopes for a Sino-US trade deal dwindled after President Donald Trump gave no new details on negotiations with China and as unrest in Hong Kong escalated.

The Seoul stock market's main KOSPI index ended down 18.47 points, or 0.86 per cent, at 2,122.45. The benchmark index fell as much as 1 per cent in early trade, hitting the lowest since Nov 4. President Donald Trump on Tuesday dangled the prospect of completing an initial trade deal with China"soon," but offered no information on the negotiations in a campaign-style speech touting his administration's economic record.

Trump's speech failed to meet market expectations, disappointing investors, said Park Sang-hyun, an analyst at HI Investment & Securities.Unrest in Hong Kong and a plunge in Hong Kong shares also affected local movement, he added.

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.

Tokyo: Stocks open flat amid concerns over trade, Hong Kong[TOKYO] Tokyo stocks opened almost flat on Tuesday amid worries over a US-China trade deal and fresh unrest in Hong Kong. Read more at The Business Times.
La source: BusinessTimes - 🏆 15. / 51 Lire la suite »

Global stocks drop as Hong Kong violence rattles investorsShares around the globe fell on Monday, buffeted by escalating violence in Hong Kong that pushed Asian stocks to their worst day since August and ...
La source: ChannelNewsAsia - 🏆 6. / 66 Lire la suite »