He began trading earlier this week (Monday, 11/3) among exporters Korea - South re-injured by the impact of the weakening of the yen - Japanese for Korean and Japanese exporters face to face in competition in some markets.In addition, the weakening Kospi - South Korea today also due to concerns about inflation in China increased significantly in February, although the data of industrial output and retail sales shrank. China's inflation surge was confirmed that the Chinese authorities need to take policy measures to dampen prices through monetary tightening, which would impact on the shrinkage of economic growth.
Since the beginning of the year, South Korea's automobile sector has been hit hard by the impact of the weakening yen, and today the sector again suffered after the yen dropped back to the level of 96.25 against the U.S. dollar Recorded Kia Motors Corp. stock. fallen to 1.8% and Hyundai Motor Co. dropped to 2.6%.
The major indexes tracked Kospi fell -0.15% or -2.17 points at 2003.60 area, while the Kospi futures down -0.70 points share in the range of 264.30.
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