Seoul shares extend losses, down 2 pct

Mon Aug 18, 2008 8:51pm EDT
 
[-] Text [+]

SEOUL, Aug 19 (Reuters) - Seoul shares extended losses to fall 2 percent on Tuesday, with renewed U.S. credit market worries sending exporters and financials such as Samsung Elec (005930.KS) and Shinhan Financial Group (055550.KS) lower.

Samsung Electronics sank 2.42 percent to 56,5000 won and Shinhan Financial Group was down 2.54 percent as of 0045 GMT.

The Korea Composite Stock Price Index was down 1.98 percent at 1,536.62 points as of 0046 GMT.

(Reporting by Park Jung-youn; editing by Jonathan Hopfner)

 

Featured Broker sponsored link

Editor's Choice

A selection of our best photos from the past 24 hours.   Slideshow 

Most Popular on Reuters

  • Articles
  • Video