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  • Seoul shares open lower on U.S. losses
    Seoul shares open lower on U.S. losses
    South Korean stocks started lower on Wednesday following overnight losses on Wall Street, analysts said.The benchmark Korea Composite Stock Price Index (KOSPI) fell 11.03 points, or 0.6 percent, to 1,818.42 in the first 15 minutes of trading.Large-cap shares lost ground, with Samsung Electronics slipping 0.27 percent and Hyundai Motor falling 1.54 percent.U.S. stocks fell for a fourth session on T
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Seoul shares open lower on U.S. losses

July 11, 2012 - 09:26 By KH디지털뉴스부공용
South Korean stocks started lower on Wednesday following overnight losses on Wall Street, analysts said.

The benchmark Korea Composite Stock Price Index (KOSPI) fell 11.03 points, or 0.6 percent, to 1,818.42 in the first 15 minutes of trading.

Large-cap shares lost ground, with Samsung Electronics slipping 0.27 percent and Hyundai Motor falling 1.54 percent.

U.S. stocks fell for a fourth session on Tuesday due to downbeat corporate earnings outlooks. The Dow Jones Industrial Average was down 0.65 percent and the Nasdaq Composite Index dropped 1 percent.

The local currency was trading at 1,144.15 won to the U.S. dollar as of 9:15 a.m., down 0.45 won from Tuesday's close. (Yonhap News)



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