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  • 标题:Key Korean stock index down 2.5 pc to 818.37
  • 期刊名称:Asian Economic News
  • 出版年度:1999
  • 卷号:Oct 11, 1999

Key Korean stock index down 2.5 pc to 818.37

SEOUL, Oct. 4 Kyodo Korean stocks on Monday fell sharply despite a new government measure to stimulate the market, Yonhap reports.

The benchmark index tumbled 2.5%, or 20.98 points, from Friday to 818.37 with investors disappointed by the government's measure to calm the financial market.

Trading was thin, with 234 million shares changing hands on a value of 2.53 trillion won.

Losers led winners 453 to 375 with 62 remaining unchanged.

The Hanjin Group companies fell sharply due to an announcement of audit results.

Among key blue chips, Korea Telecom fell 3,200 won and Samsung Electronics 6,500 won.

COPYRIGHT 1999 Kyodo News International, Inc.
COPYRIGHT 2000 Gale Group

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