Seoul shares open lower on US losses
Seoul shares opened lower Tuesday, tracking overnight losses on Wall Street. After opening 0.95 percent lower, the benchmark Korea Composite Stock Price Index (KOSPI) traded down 57.86 points, or 0.92 percent, at 6,241.8 as of 9:15 a.m. On Monday (local time), the U.S. stock market edged down from its all-time high the previous session as oil prices rose on uncertainty about when the Strait of…
Seoul shares opened lower on Tuesday, mirroring the decline on Wall Street overnight. The Korea Composite Stock Price Index (KOSPI) fell 57.86 points, or 0.92 percent, to 6,241.8 by 9:15 a.m. local time. The previous day's record high on the U.S. market, seen on Monday, saw the S&P 500 dip 0.1 percent, the Dow Jones Industrial Average slip 0.1 percent, and the tech-heavy Nasdaq Composite drop 0.3 percent.
Large-cap shares in Seoul, including Samsung Electronics and SK hynix, all closed down. The Korean won slipped to 1,418.5 won against the U.S. dollar by 9:15 a.m., marking a 0.2 won decrease from the end of trading the prior day.
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- Seoul shares open lower on US losses koreatimes.co.kr
- (LEAD) Seoul shares open lower on U.S. losses en.yna.co.kr
