Jittery markets

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Jittery markets


A board at the KEB Hana Bank in Myeong-dong, central Seoul, shows the benchmark Kospi falling nearly 40 points on Monday. After the Kospi hit this year’s highest level of 2,035.27 during the day on Thursday, the stock market has been retreating. On Thursday the market closed 0.14 percent lower than on Wednesday. Market anxiety over the U.K. exiting Europe and falling crude prices have been blamed for Monday’s fall. The U.K. will be voting on a referendum on June 23. Meanwhile, gold prices have been going up as investors have been snatching up safer assets. [NEWSIS]

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