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S. KOREA'S ELECTRONIC SECURITIES TRANSACTIONS DIP 17.9 PCT IN Q1.

AsiaPulse News

| August 01, 2008 | COPYRIGHT 2008 Asia Pulse Pty Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

SEOUL, Aug 1 Asia Pulse - South Korea's electronic securities transactions fell 17.9 per cent in the first quarter from three months earlier mainly because trading was sluggish amid slumping stock markets, the financial watchdog said Friday.

The volume of online securities transactions reached 1,427 trillion won (US$1.41 trillion) in the January-March period, compared with 1,739 trillion won from the previous quarter, the Financial Supervisory Service (FSS) said.

"The country's online securities trading fell as the stock market suffered losses, dented by a global credit ...

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Source: HighBeam Research, S. KOREA'S ELECTRONIC SECURITIES TRANSACTIONS DIP 17.9 PCT IN Q1.

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