Seoul Shares Biggest Daily Loss in 4 Months

July 14, 2009

According to a Reuters report, Seoul shares fell 3.5 percent on July 13, their biggest daily percentage loss in more than four months, amid renewed U.S. financial and earnings worries, while North Korea-related news added pressure. The Korea Composite Stock Price Index (KOSPI) finished down 3.53 percent at 1,378.12 points, its biggest daily percentage decline since a 4.16 pct fall on March 2.

(Source: Reuters)

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