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Seoul shares open lower on Sept. 26

Sept. 26, 2016 - 09:38 By 정민경
[THE INVESTOR] South Korean shares opened lower on Sept. 26, on investors’ decision to cash in part of recent gains.

The benchmark KOSPI fell 3.21 points, or 0.16 percent, to 2,050.86 in the first 15 minutes of trading.

Most large caps traded lower with market kingpin Samsung Electronics falling 0.19 percent.

Top automaker Hyundai Motor declined 0.7 percent and top steelmaker POSCO slipped 1.1 percent.

The local currency was trading at 1,103.60 won against the US dollar, down 1.2 won from the previous session’s close.

(theinvestor@heraldcorp.com)