Tuesday, March 19, 2013

Kospi Continue Correction, Probably Reflected The Yen

Kospi Lanjutkan Koreksi, Terimbas Yen

Monexnews-the impact of the weakening of the yen again to hit South Korea in trade exporters Thursday (14/3) so as to make the main index Kospi corrected up to-0.7%.

Kospi index recorded 17 points up to-weakened in the 1985.44 area, while the Yen weakened again today to level against dollar 96.14. And the effect of shares Samsung Electronics shrank 0.3 percent ahead of the launch of a mobile phone the latest Galaxy in New York.

And today, the Bank of Korea decided to hold interest rates at a level of 2.75%, which is a level unchanged for the fifth month. But trimming expectations interest rates add traction amid uncertainty about the country's economic recovery.(dar)

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Title Post: Kospi Continue Correction, Probably Reflected The Yen
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Author: Mohammad Zulfi Satriawan

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