Reuters logo
Seoul shares dip to hit 3-1/2 week low led by brokerages
April 5, 2012 / 12:11 AM / 5 years ago

Seoul shares dip to hit 3-1/2 week low led by brokerages

SEOUL, April 5 (Reuters) - Seoul shares opened lower on Thursday to hit a near one-month low, weighed down by a weak Spanish debt auction and dashed hopes of additional U.S. stimulus measures after suffering the worst daily slide in three-and-a-half months on Wednesday.

Early declines were led by brokerages, with Woori Investment & Securities dropping 2.8 percent while Daewoo Securities fell 2.7 percent.

The Korea Composite Stock Price Index (KOSPI) was down 0.8 percent at 2,002.48 points as of 0007 GMT, a 3-1/2 week intraday trough. (Reporting by Joonhee Yu; Editing by Jonathan Hopfner)

Our Standards:The Thomson Reuters Trust Principles.
0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below