South Korea: Stocks slide on trade deal concerns, Hong Kong unrest

The Seoul stock market's main KOSPI index ended down 18.47 points, or 0.86 per cent, at 2,122.45.[SEOUL] South Korean shares dropped on Wednesday as hopes for a Sino-US trade deal dwindled after President Donald Trump gave no new details on negotiations with China and as unrest in Hong Kong escalated.

The Seoul stock market's main KOSPI index ended down 18.47 points, or 0.86 per cent, at 2,122.45. The benchmark index fell as much as 1 per cent in early trade, hitting the lowest since Nov 4. President Donald Trump on Tuesday dangled the prospect of completing an initial trade deal with China"soon," but offered no information on the negotiations in a campaign-style speech touting his administration's economic record.

Trump's speech failed to meet market expectations, disappointing investors, said Park Sang-hyun, an analyst at HI Investment & Securities.Unrest in Hong Kong and a plunge in Hong Kong shares also affected local movement, he added.

Finance Finance Latest News, Finance Finance Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Asia shares slide on trade disappointment, Hong Kong unrest, STI down 0.8%TOKYO (REUTERS) - Asian stocks and Wall Street futures fell on Wednesday(Nov 13), as growing worries that US-China trade talks are stalling and concern about intensifying unrest in Hong Kong hurt demand for risky assets.. Read more at straitstimes.com.
Source: The Straits Times - 🏆 8. / 63 Read more »

Asian markets down on trade uncertainty, unrest hits Hong KongAsian markets turned lower on Monday as another record close on Wall Street was overshadowed by uncertainty over the China-US trade talks, while ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »

Tokyo: Stocks open flat amid concerns over trade, Hong Kong[TOKYO] Tokyo stocks opened almost flat on Tuesday amid worries over a US-China trade deal and fresh unrest in Hong Kong. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »

Global stocks drop as Hong Kong violence rattles investorsShares around the globe fell on Monday, buffeted by escalating violence in Hong Kong that pushed Asian stocks to their worst day since August and ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »