Seoul stocks fall for 2nd day on inflation woes
South Korean shares retreated Tuesday as rising oil prices fueled inflation concerns and pushed US Treasury yields higher amid Middle East tensions. The Korean won strengthened against the US dollar. The benchmark Korea Composite Stock Price Index lost 18.93 points, or 0.27 percent, to end at 6,870.
South Korean shares retreated Tuesday as rising oil prices fueled inflation concerns and pushed US Treasury yields higher amid Middle East tensions. The Korean won strengthened against the US dollar. The benchmark Korea Composite Stock Price Index lost 18.93 points, or 0.27 percent, to end at 6,870.
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