Seoul shares open lower on US losses
South Korean stocks got off to a weak start Friday tracking overnight losses on Wall Street.
The benchmark Korea Composite Stock Price Index lost 35.19 points, or 1.46 percent, to 2,380.61 in the first 15 minutes of trading.
After the Federal Reserve Chairman Jerome Powell's hint at a further rate hike, US stocks closed sharply lower.
The Dow Jones Industrial Average fell 0.75 percent and the Nasdaq Composite dropped 0.96 percent.
In Seoul, market heavyweights led the decline.
Top-cap Samsung Electronics decreased 1.44 percent and No. 2 LG Energy Solution sank 2.76 percent.
Top steelmaker Posco Holdings slid 1.99 percent and leading zinc smelter Korea Zinc fell 1.34 percent.
Bank shares also went south, with Hana Financial Group retreating 0.69 percent and KB Financial Group losing 0.17 percent.
The local currency was trading at 1,358.85 won against the US dollar at 9:15 a.m., down 1.45 won from the previous session's close. (Yonhap)
(责任编辑:건강)
- ·[Contribution] Why hope matters in climate crisis
- ·Celltrion partners with US pharmacy chain for Yuflyma sales
- ·One Store attracts W20b from Krafton
- ·Reeling from election loss, ruling party picks new leader posts
- ·TvN Sports, CGV to screen Bundesliga’s first ‘Korean derby’
- ·Seoul subway workers vote for strike plan
- ·탄약 찾는 러…국방부 "北컨테이너 적재량, 포탄 수십만발 분량"
- ·김성원 여의도연구원장 "공천장사 지라시, 허위사실 유포로 고소"
- ·Trilateral cooperation unaffected by US election outcomes: Goldberg
- ·KITA chief touts Ireland’s business
- ·S. Korea's inflation grows faster, stays over 3 pct for third month in Oct.
- ·美 ICBM '미니트맨
- ·HiteJinro soju seeks bigger footing in UK
- ·[Herald Interview] Merck seeks growth with Korean chipmakers
- ·北고려항공, 베이징으로 주 3회 비행…정기 운항 복귀 한 듯
- ·[긴급진단] 서울 인구 이미 부산의 3배…지역균형발전 포기할 텐가
- ·YouTuber suspected of livestreaming after taking drugs
- ·美 ICBM '미니트맨
- ·Jeju's autonomy is model for Western Sahara: Morocco
- ·Jungkook, Red Velvet, Stray Kids, new YG girl group among year
- ·PPP launches special committee on plan to include Gimpo into Seoul
- ·北고려항공, 베이징으로 주 3회 비행…정기 운항 복귀 한 듯
- ·Hillstate Gayang flats in Daejeon to go on sale
- ·Xi says 'willing to make bigger contributions' in letter to NK leader
- ·Kia unveils ‘tiger
- ·美 ICBM '미니트맨
- ·LG Electronics CEO to present AI vision at CES
- ·S. Korea's inflation grows faster, stays over 3 pct for third month in Oct.