[THE INVESTOR] The Japanese yen opened at 1,149.28 won on June 27. 　

[THE INVESTOR] The shock of Britain’s unexpected decision to leave the European Union last week continued to batter Korean stocks as they opened sharply lower on June 27. The benchmark Korea Composite Stock Price Index fell 12.29 points, or 0.64 percent, to 1,913.07 in the first 5 minutes of trading. The Investor/Lee Sang-subGlobal stock markets are widely expected to suffer increased volatility this week as uncertainty involving the Britain’s EU exit negotiations will make investors more risk a

[THE INVESTOR] The US dollar opened at 1,174.3 won on June 27, a fall from the previous trading day’s closing of 1,179.9 won.

[THE INVESTOR] The US dollar opened at 1,174.3 won on June 27, a fall from the previous day’s closing of 1,179.9 won.

 [THE INVESTOR] Korean shares suffered their biggest daily loss this year falling by more than 3 percent while the currency plunged to a 5-year low against the US dollar on June 24 following Brexit concerns.The country’s benchmark Korea Composite Stock Price Index shed 61.47 points, or 3.09 percent, to 1,925.24. From a session earlier, the Korean won fell 28.70 won, or 2.6 percent, against the greenback to trade at 1,179.90 won.Analysts expected increased volatility in the domestic stock and cur

The South Korean currency ended at 1,179.9 won against the greenback on June 24, weakening from the previous day’s closing of 1,150.2 won.

[THE INVESTOR] South Korean shares dropped late morning on June 24 as the result of the British referendum on the European Union membership became opaque. The benchmark Korea Composite Stock Price Index fell down 11.55 points, or 0.58 percent, to 1,975.16 as of 11:20 a.m.One of the recent polls conducted after the vote ended at 6 a.m. on June 24 (Korean time) suggested voter sentiment leaning toward “remaining.”However, early voting results indicated a tight race so investors are expected to wai

[THE INVESTOR] The US dollar ended at 1,150.2 won on June 23, a further fall from the previous day’s closing of 1,154,4 won. 

[THE INVESTOR] South Korean shares closed lower on June 23 putting a halt to a four-day straight rise, as investors wait for the upcoming vote regarding Britain’s membership of the European Union. The local currency increased against the U.S. dollar. The benchmark Korea Composite Stock Price Index fell 5.87 points, or 0.29 percent, to 1986.71. Trade volume remained moderate at 449.59 million shares worth 4.16 trillion won (US$3.6 billion). As the upcoming British referendum will have a significa

[THE INVESTOR] The government will strive to reduce the negative economic impact of corporate restructuring in the troubled shipbuilding and shipping industries, Finance Minister Yoo Il-ho said on June 23.“The government will draw plans to bolster smooth corporate restructuring and business reorganization, and to improve the competitiveness of key industries,” he said while visiting a shipyard in Ulsan on the southeastern coast.“We will utilize all measures to fend off job instability and a slow

[THE INVESTOR] Britain’s possible exit from the European Union weighed on the Korean stock market with shares trading in negative territory late morning on June 23. The benchmark Korea Composite Stock Price Index fell 9.82 points, or 0.49 percent, to 1,982.88 as of 11:20 a.m.The British referendum on maintaining the EU membership remains too close to call. The voting results are to be announced around 3 p.m. Friday (Korean time), analysts said.Market top cap Samsung Electronics declined 1.1 perc

[THE INVESTOR] South Korean shares opened lower on June 23 due to concerns over Britain’s possible exit from the European Union. The benchmark Korea Composite Stock Price Index slid 6.28 points, or 0.32 percent, to 1,986.20 during the first 15 minutes of trading.The referendum regarding Brexit will wrap up on June 24 (Korean time) at 6 a.m. The result of the vote is to be officially announced at around 3 p.m. on the same day. Two separate polls, conducted after the death of British pro-EU lawmak

[THE INVESTOR] The US dollar opened at 1,151.0 won on June 23, lower than the previous day’s closing of 1,156.6 won.

[THE INVESTOR] South Korean shares ended nearly flat on June 22, a day ahead of Britain’s referendum on quitting the European Union. The local currency rose against the US dollar.The benchmark Korea Composite Stock Price Index rose 9.88 points, or 0.50 percent, to 1992.58. Trade volume was at 401.93 million shares worth 3.95 trillion won (US$3.4 billion). Investors are seemingly waiting to see the results of the vote this Friday before deciding on their future investments, analysts said. As a fi

[THE INVESTOR] The US dollar ended at 1,154.4 won on June 22, lower than the previous day’s closing of 1,156.6 won.

[THE INVESTOR] South Korean shares traded in the high terrain late morning on June 22 due to the apparent shift in voters’ sentiment in Britain to stay in the European Union. The benchmark Korea Composite Stock Price Index soared 4.26 points, or 0.21 percent, to 1,986.96 as of 11:20 a.m.Some analysts are maintaining that the possibilities of the exit still exist. As such, the KOSPI is expected to move in a narrow range as investors are not planning to sell or buy excessively, ahead of the refere

[THE INVESTOR] South Korean shares opened higher on June 22 as the possibility of Britain’s exit from the European Union in upcoming vote continue to fade. New polls showed that the voter sentiment is now edging closer toward “remain” and the expectation is gaining support, analysts said. The benchmark Korea Composite Stock Price Index hiked 5.93 points, or 0.30 percent, to 1,988.37 during the first 15 minutes of trading.Supporting the broader index, automaker Hyundai Motor soared 2.17 percent,

Dollar continues to fall, opens lower on June 22[THE INVESTOR] The US dollar opened at 1,151.0 won on June 22, lower than the previous day’s closing of 1,156.6 won.

[THE INVESTOR] South Korean shares ended slightly higher on June 21 as investors do not expect any powerful downside factors from Britain’s EU membership vote and the Federal Reserve chief’s speech on the economy this week. The local currency increased against the US dollar. The benchmark Korea Composite Stock Price Index hiked 1.58 points, or 0.08 percent, to 1982.70. Trade volume remained moderate at 548.57 million shares worth 4.43 trillion won (US$3.83 billion). Investors are currently eyein

[THE INVESTOR] The US dollar opened lower at 1,160.5 won on June 21, a drop from the previous day’s closing of 1,160.8 won. (theinvestor@heraldcorp.com)