Seoul shares dip 0.75% on China woes
Seoul - Yonhap
South Korean stocks dropped 0.75 percent Friday as concerns over slowing economic growth in China and political tensions surrounding Ukraine reduced appetite for risky assets, analysts said. The local currency fell against the U.S. dollar. The benchmark Korea Composite Stock Price Index (KOSPI) shed 14.48 points to 1,919.90, falling for a second consecutive day. Trading volume was moderate at 251 million shares worth 3.98 trillion won (US$3.71 billion), and losers outnumbered gainers 514 to 282.
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