JAPAN/SOUTH KOREA: U.S. earnings gloom hits shares in Japan and South Korea as investors worry about the outlook for exporters
Record ID:
466675
JAPAN/SOUTH KOREA: U.S. earnings gloom hits shares in Japan and South Korea as investors worry about the outlook for exporters
- Title: JAPAN/SOUTH KOREA: U.S. earnings gloom hits shares in Japan and South Korea as investors worry about the outlook for exporters
- Date: 24th October 2012
- Summary: SEOUL, SOUTH KOREA (OCTOBER 24, 2012) (REUTERS) SEOUL STREET TRAFFIC PEOPLE WALKING ON STREETS ELECTRONIC BULLETIN OF STOCKS AT DEALING ROOM OF FOREIGN EXCHANGE BANK IN SEOUL ELECTRONIC BULLETIN SHOWING KOREA COMPOSITE STOCK PRICE INDEX (KOSPI) VARIOUS OF DEALERS VARIOUS OF ELECTRONIC BULLETIN AND DEALERS
- Embargoed: 8th November 2012 12:00
- Keywords:
- Location: Japan, Korea, Republic of
- City:
- Country: Japan Korea, Republic of
- Topics: Business,Economy
- Reuters ID: LVA3F35J3WA6EG1NV3ADNT5TT5E7
- Story Text: Shares fell in Japan and South Korea on Wednesday (October 24), after poor U.S. earnings increased investor uneasiness about the outlook for exporters.
Japan's Nikkei 225 share average fell about 1 percent in early trade with exporters taking a beating despite a rally over the past week and a half propelled by a weaker yen.
The Nikkei had risen for a seventh straight day of gains on Tuesday (October 23), its longest winning streak since July 2011.
In South Korea, stocks fell at the opening bell as weak third-quarter corporate earnings results at home and abroad weighed on the main board for a fourth session.
The Korea Composite Stock Price Index (KOSPI) was down 0.93 percent at 1,908.87 points at 1204 GMT. - Copyright Holder: REUTERS
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