Tuesday, July 5, 2016

S.Korea won, stocks fall as safe-haven demand soars in Brexit aftermath

* KOSPI down more than 1 pct in early trade

* Won weakens to a 1-wk low vs dollar

SEOUL, July 6 (Reuters) - The South Korean won and

shares slumped early on Wednesday as sterling fell sharply on

renewed market jitters about Brexit, boosting global demand for

safe-haven assets.

The won stood at 1,165.2 to the dollar as of 0150

GMT, down 0.7 percent compared to Tuesday's close of 1,155.4.

The Korea Composite Stock Price Index (KOSPI) was

down 1.6 percent at 1,957.76 points.

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