April 20, 2024
Market Now
Seoul stocks start lower on Wall Street tumble
[THE INVESTOR] South Korean shares opened weak on Aug. 18, tracking losses on Wall Street overnight on a deadly attack in Spain and political uncertainties in the US.
The benchmark Korea Composite Stock Price Index (KOSPI) slipped 17.82 points, or 0.75 percent, to 2,343.85 in the first 15 minutes of trading.
Most large caps traded mixed with market kingpin Samsung Electronics falling 1.06 percent.
Top automaker Hyundai Motor rose 0.69 percent, and No. 1 steelmaker POSCO declined 0.75 percent.
The local currency was trading at 1,143.25 won against the US dollar, down 6.05 won from the previous session‘s close.
By Alex Lee and newswires (alexlee@heraldcorp.com)
