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Korean shares open lower on Wall Street losses

May 19, 2016 - 10:40 By KH디지털2

Korean shares opened slightly lower Thursday, tracking overnight losses on Wall Street.

The benchmark Korea Composite Stock Price Index (KOSPI) lost 0.27 percent, or 5.35 points, to 1,951.38 in the first 15 minutes of trading.

(Yonhap)

On Wednesday, the Dow Jones industrial average slipped 0.02 percent to 17,526.62.

Most large caps were in negative terrain.

Cosmetics giant AmorePacific plunged 1.31 percent, with top portal operator Naver tumbling 1 percent.

Top cap Samsung Electronics added 0.08 percent, while global chipmaker SK hynix advanced 1.91 percent.

The local currency was trading at 1,191.45 won against the U.S. dollar, down 8.85 won from the previous session's close. (Yonhap)