- Title: South Korean stock market opens in the new year
- Date: 2nd January 2017
- Summary: SEOUL, SOUTH KOREA (JANUARY 2, 2017) (REUTERS) ***WARNING CONTAINS FLASH PHOTOGRAPHY*** VARIOUS OF OFFICIALS AT MARKET OPENING CEREMONY FOR NEW YEAR YIM JONG-YONG, CHAIRMAN OF THE FINANCIAL SERVICES COMMISSION, PRESSING BUTTON ON TABLE/ CONFETTI FALLING AT OPENING CEREMONY OFFICIALS CLAPPING VARIOUS OF OPENING CEREMONY IN PROGRESS (SOUNDBITE) (Korean) CHAIRMAN OF THE KOREA EXCHANGE, JEONG CHAN-SOO, SAYING: "We will create an efficient and stable market environment for market participants by strengthening the capital market's original function." ELECTRONIC BULLETIN BOARD AT THE KOREA EXCHANGE LOGO OF KOREA EXCHANGE VARIOUS OF ELECTRONIC BULLETIN BOARD SHOWING KOREA COMPOSITE STOCK PRICE INDEX (KOSPI) VARIOUS OF ELECTRONIC BULLETIN BOARD SHOWING STOCK PRICES OUTDOOR OPENING CEREMONY KICKING OFF WITH GIANT BALLOON IN SHAPE OF ARROW INFLATING BALLOONS FLYING OUT AND BALLOON IN SHAPE OF ARROW BEING INFLATED OFFICIALS CLAPPING BALLOON IN SHAPE OF BULL AND CHICKEN BEING INFLATED BALLOON IN SHAPE OF CHICKEN
- Embargoed: 17th January 2017 04:01
- Keywords: market open South Korea Kospi markets New Year.
- Location: SEOUL, SOUTH KOREA
- City: SEOUL, SOUTH KOREA
- Country: South Korea
- Topics: Commodities Markets,Economic Events
- Reuters ID: LVA0015XE0FGL
- Aspect Ratio: 16:9
- Story Text: South Korean shares opened lower on Monday (January 2) morning on the first day of trade in the New Year, with major global markets shut and investors awaiting minutes from the Federal Reserve's December meeting and U.S. jobs data.
At the exchange, a ceremony was held to welcome in 2017 as the Korea Composite Stock Price Index (KOSPI) opened down 0.14 percent at 2,023.58 in the first 30 minutes of trading.
Trading opened an hour later than usual at 10 a.m. (0100 GMT), but will close at 3.30 p.m. (0630 GMT) as usual. - Copyright Holder: REUTERS
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