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KM Financial Solutions | S.Korean stocks slip as oil extends fall; won gains ahead of Fed chief’s testimony
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S.Korean stocks slip as oil extends fall; won gains ahead of Fed chief’s testimony

16 Jul S.Korean stocks slip as oil extends fall; won gains ahead of Fed chief’s testimony

Posted at 07:09h in News by
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Round-up of South Korean
financial markets:
** South Korea’s KOSPI stock index weakened on Tuesday
as crude oil prices extended falls, while the won rose ahead of
Federal Reserve Chairman Jerome Powell’s first congressional
testimony. Bond yields rose.
** At 06:30 GMT, the KOSPI was down 4.07 points, or 0.18
percent, at 2,297.92. The sub-index for chemicals
dropped 1.6 percent with LG Chem and Lotte Chemical
shedding 2.0 percent and 3.5 percent, respectively.

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