Ends Kospi Negative; KB Financial stocks slumped



   At the end of trading on the stock exchange during the South Korea's Kospi index seems to have decreased significantly (15/9). The volume of trade in the region is relatively more quiet than usual because of the Japanese stock market holiday to celebrate respect for the elderly. 

Seoul shares Monday morning was at the lowest level in the past week. South Korea's economic data released before the opening of the trade show that import prices in August, the fastest decline in the past 17 ​​months. Kospi 200 index futures had even had time ambles to the lowest level in the past 2 months. 

KB Financial's shares fell more than 5 percent after chairman Lim Young Rok refused to resign following the orders of banking regulators regarding the demands of managerial failure. 

At the end of today's trading on the stock exchange's benchmark index South Korea seems to have decreased significantly. Spot index Kospi fell by 6:04 points, or 0.30 per cent and stood at 2035.82 points. 

Kospi 200 index futures this afternoon having closure at position 262.05. Index futures weakened by 55 points compared to the previous closing. In trading Monday Kospi 200 index futures had already been forced back to reach the level of 260.50 which is the lowest position since July 18 last. 

Analyst Research Vibiz of Vibiz Consulting estimates that the stock market trading Tuesday South Korea will have movement that is influenced by the performance of the stock market the United States and Europe later that evening. Data are awaited by market participants is the European trade balance and the Empire State Manufacturing Index and industrial production of the United States.
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1 Response to "Ends Kospi Negative; KB Financial stocks slumped"

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