Market
Seoul shares dip to over 3-month low amid 'Trump trade,' won at 2-yr low
Nov. 12, 2024
South Korean shares dipped to the lowest in over three months on Tuesday, as investors remained concerned due to the sliding Korean won and US policy uncertainties under the incoming Trump administration. The local currency sharply fell against the US dollar, closing above 1,400 won for the first time in two years. The benchmark Korea Composite Stock Price Index lost 49.09 points, or 1.94 percent, to close at 2,482.57, the lowest since Aug. 5, when the corresponding figure was 2,441.55. Trade vo