MONDAY UPDATE – SOUTH KOREAN STOCK MARKET

Highlights –

• COVID-19 outbreak creates an extended loss in the stock market
• The Korean won fell sharply, investors selling off their shares
• KOSPI benchmark index plummeted

As on late Monday morning (KST), Seoul stocks are significantly extending losses. Investors went on a selling spree on fears over the new coronavirus and a plunge in oil prices. The Korean won f....