Korea Gas Falls to 3-Month Low on Share Sale Report: Seoul Mover
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Korea Gas Corp., the world’s biggest liquefied natural gas importer, slumped to the lowest level in three months in Seoul stock trading after the Korea Economic Daily reported the company may sell new shares.
The state utility sank 3.1 percent to 68,800 won at the close on the Korea Exchange, the lowest level since Oct. 18. The benchmark Kospi index slipped 0.8 percent.