South Korea Bourse May Extend Monday's Losses

(RTTNews) - The South Korea stock market has finished lower in two of three trading days since the end of the four-day winning streak in which it had soared almost 100 points or 4 percent. The KOSPI now rests just beneath the 2,475-point plateau and it may take further damage on Tuesday. The global forecast for the Asian markets is mixed to lower, with oil and technology stocks expected to weigh. The European markets were up and the U.S. bourses were down and the Asian markets are tipped to follow the latter lead. The KOSPI finished slightly lower on Monday following losses from the technology stocks, gains from the automobile producers and mixed performances from the financials and oil and chemical companies. For the day, the index slipped 8.