KOSPI 2014

 

On the first day of trading for 2014, January 2, the Korea Composite Stock Price Index (KOSPI) opened lower than it closed last year. It dropped as low as 1,960 points during the trading day, and closed at 1,967.19. That was 44.15 points lower than the last day of trading in 2013.  

Falling exchange rates against both the yen and the dollar coupled with poor performance from Samsung Electronics and Hyundai Motor Company contributed to the poor opening day.

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