South Korea: Stocks slump on rising virus cases

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[SEOUL] South Korean shares slumped on Friday, snapping four straight sessions of gains, as investors were rattled by surging virus cases in the country and across the world. Read more at The Business Times.

The Seoul stock market's KOSPI ended down 45.04 points, or 2.16 per cent, at 2,040.22.[SEOUL] South Korean shares slumped on Friday, snapping four straight sessions of gains, as investors were rattled by surging virus cases in the country and across the world.

The Seoul stock market's KOSPI ended down 45.04 points, or 2.16 per cent, at 2,040.22. For the week, the benchmark index gained 2.68 per cent.The KOSPI has fallen 7.16 per cent so far this year, and lost 6.9 per cent in the previous 30 trading sessions. The trading volume during the session in the KOSPI index was 854.12 million shares. Of the 904 traded issues, 121 shares advanced.

 

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