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SEOUL, April 14 The South Korean won and
shares fell on Friday, ending the week lower, as tensions
increased between North Korea and the United States.
The won was quoted at 1,140.0 to the dollar at
the conclusion of onshore trade, down 0.9 percent from the
The Korea Composite Stock Price Index (KOSPI) closed
down 0.6 percent at 2,134.88 points.
Both the currency and shares ended the week lower, the third
straight week of losses. The won was down 0.2 percent, and the
KOSPI 0.8 percent on a weekly basis.
Foreign investors sold a net 75.8 billion won ($66.55
million) worth of KOSPI shares.
Concerns have been growing that North Korea could soon
conduct a sixth nuclear test or more missile launches in
defiance of U.N. sanctions and stark warnings from the United
States that a policy of patience was over.
With a U.S. aircraft carrier group steaming to the area in a
show of force and tensions rising, fears of a confrontation have
(Reporting by Dahee Kim; Editing by Randy Fabi)