(Bloomberg) -- South Korean stocks fell, snapping an
eight-day climb and dragging the key index down from a record.
Samsung Electronics Co. slid on concern rising global interest
rates will curb consumer spending and corporate profits.
Stocks also declined as some investors took advantage of
recent gains to sell. Posco and Hyundai Heavy Industries Co.
paced the retreat.
Read more at Bloomberg Stocks News
eight-day climb and dragging the key index down from a record.
Samsung Electronics Co. slid on concern rising global interest
rates will curb consumer spending and corporate profits.
Stocks also declined as some investors took advantage of
recent gains to sell. Posco and Hyundai Heavy Industries Co.
paced the retreat.
Read more at Bloomberg Stocks News
No comments:
Post a Comment