Скачать или смотреть Stock market opens down after stocks tumbled on Friday

(8 Aug 2011)
1. Wide of Kospi stock board and a computer monitor showing Kospi and exchange rate at the Korea Exchange
2. Close-up pan of a computer monitor with Kospi graph
3. Close-up of Kospi point
4. Close-up of Kospi on stock board
5. Mid of stock board
6. Close-up of stock board
7. Close-up of various stock rate chart
8. Close-up of Kospi point
9. Mid shot zoom in of Kospi
10. Close-up of stock board''s moving screen
11. Mid shot pan of stock board
12. Close-up of stock board
13. Wide of Korea Exchange stock board
STORYLINE:
The South Korean stock market started lower on Monday morning as concerns over the US economy increased among investors after the credit rating of the US was downgraded.
The Korea Composite Stock Price Index (KOSPI) decreased 26.11 points to 1,917.64 points around 10:45 a.m. - 1.34 percent lower than Friday''s close.
The continuing fall in the South Korean market comes after the global credit rating agency Standard and Poor''s downgrading the US credit rating from AAA to AA+ last Friday.
The South Korean Yonhap News Agency said President Lee Myung-bak instructed officials on Monday to scrutinise the possible repercussions that a cut in the US credit rating could have on South Korea''s economy.
After the meeting, Lee also convened an emergency session with the finance minister, the central bank chief and other finance officials and civilian experts to assess the situation and discuss possible countermeasures, officials said.

Find out more about AP Archive: http://www.aparchive.com/HowWeWork
Twitter:   / ap_archive  
Facebook:   / aparchives   ​​
Instagram:   / apnews  


You can license this story through AP Archive: http://www.aparchive.com/metadata/you...