Seoul
The fall of Seoul shares
Thu, 10/23/2008 - 16:05 — fxSeoul shares experienced 8 percent fall thus reaching its lowest level since 2005. The fall was caused by the fears of global crisis that increased due to low US earnings and quite negative forecasts. For instance, the Korea Composite Stock Price Index decreased by 7.8 percent thus reached the lowest level since July 2005 and the Kosdaq market declined by 7.97 percent to its lowest level that was ever reached.
