Friday, November 16, 2012

Seoul shares softer as US, European concerns weigh





South Korean shares weakened in early deals on Friday as the U.S. fiscal stand-off and the return of the euro zone to recession dampened investor sentiment. Market heavyweight Samsung Electronics lost 0.7 per cent, while Hyundai Motor was down 0.2 per cent, and the Korea Composite Stock Price Index (KOSPI) was down 0.3 per cent at 1,865.23 points in early trade.









via Business feed http://www.scmp.com/business/money/market-snapshot/article/1083682/seoul-shares-softer-us-european-concerns-weigh

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