[THE INVESTOR] Korean stocks closed lower on Sept. 17, as signs of renewed global trade frictions prompted investors to move to lock in profits from recent gains, analysts said. The Korean won fell against the US dollar.
The benchmark KOSPI shed 15.24 points, or 0.66 percent, to 2,303.01. Trade volume was moderate at 338.32 million shares worth 4.94 trillion won (US$4.38 billion), with losers outnumbering winners 606 to 236.
The local currency closed at 1,126.60 won against the US dollar, down 10 won from the previous session’s close.
By Song Seung-hyun and newswires (
ssh@heraldcorp.com)