S.Korean stocks slip as oil extends fall; won gains ahead of Fed chief's testimony
July 17, 2018 at 03:09 AM EDT
Round-up of South Korean financial markets: ** South Korea's KOSPI stock index weakened on Tuesday as crude oil prices extended falls, while the won rose ahead of Federal Reserve Chairman Jerome Powell's first congressional testimony. Bond yields rose. ** At 06:30 GMT, the KOSPI was down 4.07 points, or 0.18 percent, at 2,297.92. The sub-index for chemicals dropped 1.6 percent with LG Chem and Lotte Chemical shedding 2.0 percent and 3.5 percent, respectively.