Seoul shares close down; mark highest monthly gain in a year
SEOUL, Sept 30
SEOUL, Sept 30 (Reuters) - Seoul shares closed at a two-week low on Monday, reflecting worries over a looming U.S. government shutdown and disappointing factory data from China, but prolonged foreign inflows capped losses.
The Korea Composite Stock Price Index (KOSPI) fell 0.7 percent to close at 1,996.96 points, its lowest close since Sept. 13. KOSPI gained 3.7 percent this month, its highest gain since September 2012, and marked a third consecutive winning month.
Foreigners were net buyers for a 24th consecutive session, buying 115 billion won ($107 million) worth of local shares on Monday, and more than 7 trillion won for the month. The 24-session buying spree has seen foreigners invest in more than 9 trillion won worth of local shares.
Automakers and shipyards struggled, with Hyundai Motor Co and Samsung Heavy Industries Co Ltd falling 2.4 percent and 2.5 percent, respectively. ($1 = 1073.6500 Korean won) (Reporting by Jungmin Jang; Editing by Eric Meijer)
- U.S.'s Kerry expresses regret to India over diplomat case |
- Mega Millions winners in Georgia, California to split $648 million |
- China confirms near miss with U.S. ship in South China Sea
- Washington, DC city council raises minimum wage to $11.50/hr in 2016
- Fed cuts bond buying in first step away from historic stimulus |