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  • S. Korean shares begin low on Wall Street losses
    S. Korean shares begin low on Wall Street losses
    Tracking overnight losses on Wall Street, stocks in South Korea opened the day low on Aug. 17.The benchmark KOSPI lost 0.38 points, or 0.02 percent, to drop to 2,047.38 in the first 15 minutes of trading.The decline followed overnight losses on Wall Street.The Dow Jones industrial average lost 0.45 percent, with the tech-heavy NASDAQ declining 0.66 percent.Large-cap stocks were mixed across the board. Market bellwet...
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S. Korean shares begin low on Wall Street losses

Aug. 17, 2016 - 09:48 By 정민경

[THE INVESTOR] Tracking overnight losses on Wall Street, stocks in South Korea opened the day low on Aug. 17.

The benchmark KOSPI lost 0.38 points, or 0.02 percent, to drop to 2,047.38 in the first 15 minutes of trading.

The decline followed overnight losses on Wall Street.

The Dow Jones industrial average lost 0.45 percent, with the tech-heavy NASDAQ declining 0.66 percent.


Large-cap stocks were mixed across the board. Market bellwether Samsung Electronics lost 0.32 percent.

Top automaker Hyundai Motor was up 1.5 percent, while global chipmaker SK hynix gained 0.3 percent.

The Korean won was trading at 1,095.50 won against the US dollar, losing 3.3 won from the previous session‘s close

(theinvestor@heraldcorp.com)
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