Seoul shares dip for 4th day amid US recession woes
South Korean shares closed sharply lower Friday, extending their losing streak to a fourth consecutive session amid concerns over a potential US recession. The local currency rose against the US dollar. The benchmark Korea Composite Stock Price Index lost 31.22 points, or 1.21 percent, to close at 2,544.28. Trading volume was moderate at 368.9 million shares worth 8.5 trillion won ($6.4 billion), with losers outnumbering gainers 760 to 139. Foreign investors extended their selling streak to a fo
Sept. 6, 2024