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[Exclusive] Hyundai Mobis eyes closer ties with BYD
![[Exclusive] Hyundai Mobis eyes closer ties with BYD](//res.heraldm.com/phpwas/restmb_idxmake.php?idx=644&simg=/content/image/2024/11/25/20241125050044_0.jpg&u=)
![[Exclusive] Hyundai Mobis eyes closer ties with BYD](http://res.heraldm.com/phpwas/restmb_idxmake.php?idx=644&simg=/content/image/2024/11/25/20241125050044_0.jpg&u=)
South Korean stocks traded 0.15 percent lower late Monday morning due to the lack of growth momentum in the market, analysts said.
The benchmark Korea Composite Stock Price Index (KOSPI) shed 3.14 points to 2,041.73 as of 11:20 a.m.
Tech shares lost ground, with market behemoth Samsung Electronics falling 0.27 percent and its smaller local rival LG Electronics losing 0.88 percent. Flat panel maker LG Display also decreased 0.61 percent.
Logistics firms also traded lower, with Hyundai Glovis moving down 1.27 percent and CJ Korea Express dipping 2.94 percent.
Hyundai Merchant Marine shed 0.89 percent.
The local currency was changing hands at 1,057.05 won against the greenback as of 11:20 a.m., up 1.15 won from Friday's close. (Yonhap News)
The benchmark Korea Composite Stock Price Index (KOSPI) shed 3.14 points to 2,041.73 as of 11:20 a.m.
Tech shares lost ground, with market behemoth Samsung Electronics falling 0.27 percent and its smaller local rival LG Electronics losing 0.88 percent. Flat panel maker LG Display also decreased 0.61 percent.
Logistics firms also traded lower, with Hyundai Glovis moving down 1.27 percent and CJ Korea Express dipping 2.94 percent.
Hyundai Merchant Marine shed 0.89 percent.
The local currency was changing hands at 1,057.05 won against the greenback as of 11:20 a.m., up 1.15 won from Friday's close. (Yonhap News)
