|
SEOUL, South Korea (AP) -- South Korean shares fell Wednesday on the first trading day of 2008 amid declines by some blue chips. The South Korean won also fell. The Korea Composite Stock Price Index lost 43.68 points, or 2.3 percent, to close at 1,853.45. It had closed at 1,897.13 on Dec. 28, the last trading day of 2007, up 32 percent over the year. Samsung Electronics Co., South Korea's largest corporation, fell 2.2 percent to 544,000 won. Hyundai Heavy Industries Co., the world's biggest shipbuilder, fell 1.7 percent to 435,000 won. Steelmaker Posco declined 2.3 percent to 562,000 won. In currency trading, the U.S. dollar rose to 936.90 won from 936.10 won on Dec. 28.
|