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  • Seoul shares open lower on large-cap losses
    Seoul shares open lower on large-cap losses
    South Korean stocks got off to a weak start Friday, dented by blue-chip losses amid lackluster corporate earnings here and abroad, analysts said. The benchmark Korea Composite Stock Price Index (KOSPI) fell 5.75 points, or 0.3 percent to 1,894.31 in the first 15 minutes of trading. Market bellwether Samsung Electronics slid 1.6 percent, with second-largest listed firm Hyundai Motor retreating more than 2 percent. Maj...
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Seoul shares open lower on large-cap losses

April 19, 2013 - 10:17 By 윤민식
South Korean stocks got off to a weak start Friday, dented by blue-chip losses amid lackluster corporate earnings here and abroad, analysts said.

The benchmark Korea Composite Stock Price Index (KOSPI) fell 5.75 points, or 0.3 percent to 1,894.31 in the first 15 minutes of trading.

Market bellwether Samsung Electronics slid 1.6 percent, with second-largest listed firm Hyundai Motor retreating more than 2 percent. Major banking groups also trended lower, with No. 3 Hana Financial dropping 1.3 percent.

The local currency was trading at 1,122.00 won against the U.S. dollar as of 9:15 a.m., up 1.2 won from Thursday's close. (Yonhap News)



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