Points to ponder
A board at the KEB Hana Bank’s headquarters in central Seoul shows the Kospi tumbling more than 30 points on Monday. Concerns over the global economy have caused foreign and institutional investors to offload their shares. The Kospi at one point fell to 1,960.11 during the day. Korea wasn’t the only stock market that contracted as both the Hong Kong market and Tokyo market fell. Shanghai on the other hand rose nearly 2 percent compared to Friday’s close. [NEWSIS]
with the Korea JoongAng Daily
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