Most Popular
-
1
Dongduk Women’s University halts coeducation talks
-
2
Defense ministry denies special treatment for BTS’ V amid phone use allegations
-
3
OpenAI in talks with Samsung to power AI features, report says
-
4
Russia sent 'anti-air' missiles to Pyongyang, Yoon's aide says
-
5
Two jailed for forcing disabled teens into prostitution
-
6
Trump picks ex-N. Korea policy official as his principal deputy national security adviser
-
7
S. Korea not to attend Sado mine memorial: foreign ministry
-
8
South Korean military plans to launch new division for future warfare
-
9
Gold bars and cash bundles; authorities confiscate millions from tax dodgers
-
10
North Korean leader ‘convinced’ dialogue won’t change US hostility
South Korean stocks opened lower Friday, tracking an overnight stock plunge on Wall Street as investors digest the US Fed's recent monetary policy decision.
The benchmark Korea Composite Stock Price Index (Kospi) declined 4.92 points, or 0.16 percent, to 3,001.49 points in the first 15 minutes of trading.
Overnight, the tech-heavy Nasdaq composite shed 2.47 percent over the Fed's move to double the pace of its stimulus withdrawal and projections of three rate hikes next year. The Dow Jones Industrial Average slipped 0.08 percent.
Most large caps traded lower in Seoul.
Top cap Samsung Electronics lost 0.77 percent, and No. 2 chipmaker SK hynix decreased 1.21 percent.
Internet portal operator Naver retreated 0.39 percent, leading chemical firm LG Chem fell 0.71 percent, and top automaker Hyundai Motor traded flat.
Among gainers, pharmaceutical giant Samsung Biologics added 0.52 percent.
The local currency was trading at 1,185.25 won against the US dollar, down 1.35 won from the previous session's close. (Yonhap)
The benchmark Korea Composite Stock Price Index (Kospi) declined 4.92 points, or 0.16 percent, to 3,001.49 points in the first 15 minutes of trading.
Overnight, the tech-heavy Nasdaq composite shed 2.47 percent over the Fed's move to double the pace of its stimulus withdrawal and projections of three rate hikes next year. The Dow Jones Industrial Average slipped 0.08 percent.
Most large caps traded lower in Seoul.
Top cap Samsung Electronics lost 0.77 percent, and No. 2 chipmaker SK hynix decreased 1.21 percent.
Internet portal operator Naver retreated 0.39 percent, leading chemical firm LG Chem fell 0.71 percent, and top automaker Hyundai Motor traded flat.
Among gainers, pharmaceutical giant Samsung Biologics added 0.52 percent.
The local currency was trading at 1,185.25 won against the US dollar, down 1.35 won from the previous session's close. (Yonhap)
