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South Korean stocks close 1.23pc lower

SEOUL : South Korean stocks ended 1.23 percent lower on Wednesday, tumbling from a positive start, on news that ratings
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By Shoaib Ur Rehman
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seuolSEOUL: South Korean stocks ended 1.23 percent lower on Wednesday, tumbling from a positive start, on news that ratings agency Moody's had downgraded Japan's sovereign debt rating.

The benchmark KOSPI index fell 21.90 points to close at 1,754.78.

 

Copyright AFP (Agence France-Presse), 2011

 

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