(Bloomberg) -- South Korean stocks fell, snapping a
seven-day advance. Samsung Electronics Co. declined after U.S.
labor expenses jumped more than forecast, raising concern
inflation will pick up in the world's largest economy.
The Kospi index slid 16.01, or 0.9 percent, to 1726.18 as of
9:22 a.m. in Seoul. About two stocks declined for every one that
rose. The Kosdaq added 0.1 percent to 750.98. Kospi 200 futures
expiring in June lost 0.8 percent to 220.25, while the underlying
index dropped 0.8 percent to 220.55.
Read more at Bloomberg Stocks News
seven-day advance. Samsung Electronics Co. declined after U.S.
labor expenses jumped more than forecast, raising concern
inflation will pick up in the world's largest economy.
The Kospi index slid 16.01, or 0.9 percent, to 1726.18 as of
9:22 a.m. in Seoul. About two stocks declined for every one that
rose. The Kosdaq added 0.1 percent to 750.98. Kospi 200 futures
expiring in June lost 0.8 percent to 220.25, while the underlying
index dropped 0.8 percent to 220.55.
Read more at Bloomberg Stocks News
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