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South Korean stocks opened a tad lower Wednesday as investors took a wait-and-see approach on advanced countries' July economic data slated to be announced this week, analysts said.
The benchmark Korea Composite Stock Price Index (KOSPI) fell 2.81 points, or 0.15 percent, to 1,914.24 in the first 15 minutes of trading.
Tech shares traded lower, with market behemoth Samsung Electronics falling 0.31 percent and its domestic rival LG Electronics losing 0.41 percent. Flat panel maker LG Display shed 0.36 percent.
Builders also lost ground, with Daewoo Engineering & Construction moving down 0.26 percent and Daelim Industrial falling 0.88 percent. Top steelmaker POSCO shed 0.61 percent.
The local currency was trading at 1,116.20 won against the U.S. dollar as of 9:15 a.m., down 2.40 won from Tuesday's close. (Yonhap News)
The benchmark Korea Composite Stock Price Index (KOSPI) fell 2.81 points, or 0.15 percent, to 1,914.24 in the first 15 minutes of trading.
Tech shares traded lower, with market behemoth Samsung Electronics falling 0.31 percent and its domestic rival LG Electronics losing 0.41 percent. Flat panel maker LG Display shed 0.36 percent.
Builders also lost ground, with Daewoo Engineering & Construction moving down 0.26 percent and Daelim Industrial falling 0.88 percent. Top steelmaker POSCO shed 0.61 percent.
The local currency was trading at 1,116.20 won against the U.S. dollar as of 9:15 a.m., down 2.40 won from Tuesday's close. (Yonhap News)
