* For the midday report, please click
SEOUL Dec 22 The South Korean won
slumped to a more than nine-month low on Thursday, marking its
sixth consecutive session of decline and breaking through the
psychological level of 1,200 intraday.
The won was quoted at 1,199.1 to the dollar at
the conclusion of onshore trade, lowest since March 10, 2016. It
closed down 0.4 percent compared to Thursday's close of 1,193.9.
The won, along with other Asian currencies, is under
pressure from the prospect of higher U.S. rates and jitters
about incoming President Donald Trump's future policies.
South Korean shares changed course later in the session as
foreign investors turned into net sellers of local equities.
The Korea Composite Stock Price Index (KOSPI) closed
down 0.1 percent at 2,035.73 points.
Offshore investors sold a net 50.6 billion won ($42.21
million) worth of KOSPI shares.
(Reporting by Dahee Kim; Editing by Jacqueline Wong)