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SOUTH KOREAN STOCKS DROP, US ANNOUNCES TRADE RESTRICTIONS ON CHINA

Published On 18 Feb 2020 10:48 AM


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United States announced that it is going to impose tougher trade restrictions on China. Following the news, South Korean stocks dropped 1.5 percent on Tuesday. The Korean Won severely lost ground against the U.S. dollar.

According to the news report by Yonhap News Agency, the benchmark Korea Composite Stock Price Index (KOSPI) fell 33.29 points, or 1.48 percent, to close at 2,208.88. Trading volume was moderate at 464 million shares ....


Tags : STOCKS DIP, SAMSUNG, LG, HYUNDAI, U.S.A., SOUTH KOREA, CHIPMAKING,
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