S. Korean won drops on interest rate cut
(ATTN: UPDATES 2nd para; ADDS details throughout)
(ATTN: UPDATES 2nd para; ADDS details throughout)
SEOUL, Oct.
(ATTN: UPDATES with market close in para 6; ADDS remarks by economist at paras 7,9-10; TRIMS throughout)
By Kim Soo-yeon
(ATTN: ADDS more details in paras 4-5, 10-11 and 17)
KOSDAQ 261.19 DN 15.49 points (close)
(END)
KOSPI 946.45 UP 7.70 points (close)
(END)
Dollar ends at 1,442.5 won UP from 1,424.0 won
(END)
SEOUL, Oct. 27 (Yonhap) -- Daewoo International Corp., a South Korean trading company, said Monday its third quarter earnings jumped 28 percent on-year thanks to solid exports.