[SEOUL] South Korean shares fell on Thursday after nine straight sessions of gains, as a sober economic outlook from the US Federal Reserve outweighed optimism over trade data that suggested a recovery in global demand. Read more at The Business Times.
Latin America's coronavirus crisis reached a grim new milestone on Wednesday with total deaths exceeding 70,000, according to a Reuters count, as Mexico hit a daily record for confirmed infections.The won was quoted at 1,196.4 per dollar on the onshore settlement platform, 0.43 per cent lower than its previous close at 1,191.2.
In offshore trading, the won was quoted at 1,197 per US dollar, down 0.5 per cent from the previous day, while in non-deliverable forward trading its one-month contract was quoted at 1,196.6 per dollar. MSCI's broadest index of Asia-Pacific shares outside Japan was down 1.66 per cent, after Dow Jones Industrial Average fell 1.04 per cent. Japanese stocks fell 2.82 per cent.
The Kospi has fallen 0.95 per cent so far this year, but gained 16.2 per cent in the previous 30 trading sessions. The trading volume during the session in the Kospi index was 813.8 million shares. Of the total traded issues of 902, the number of advancing shares was 218.The most liquid 3-year Korean treasury bond yield fell by 0.3 basis points to 0.837 per cent in late afternoon trade, while the benchmark 10-year yield fell by 1.6 basis points to 1.381 per cent.For daily updates on weekdays and specially selected content for the weekend.
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