South Korea stocks slip after three days of gains on concerns over rising Covid-19 cases
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(AP)
. Updated: 17 Feb 2021, 08:13 AM IST Reuters
South Korea s Prime Minister Chung Sye-kyun warned against the loosening enforcement of social distancing rules after the country reported 621 new infections as of Tuesday midnight, the highest levels in 39 days
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South Korean shares fell on Wednesday, after gaining for three consecutive sessions, as the number of new Covid-19 cases hitting the highest levels in 39 days weighed on sentiment. The won weakened, while the benchmark bond yield rose.
The benchmark KOSPI tumbled 42.96 points, or 1.38%, to 3,119.65 by 0202 GMT.