Most Popular
-
1
Actor Jung Woo-sung admits to being father of model Moon Ga-bi’s child
-
2
Wealthy parents ditch Korean passports to get kids into international school
-
3
Man convicted after binge eating to avoid military service
-
4
First snow to fall in Seoul on Wednesday
-
5
Industry experts predicts tough choices as NewJeans' ultimatum nears
-
6
Final push to forge UN treaty on plastic pollution set to begin in Busan
-
7
Nvidia CEO signals Samsung’s imminent shipment of AI chips
-
8
Korea to hold own memorial for forced labor victims, boycotting Japan’s
-
9
Opposition chief acquitted of instigating perjury
-
10
Job creation lowest on record among under-30s
South Korean stocks got off to a weak start Friday following fresh concerns over the global economic slowdown, analysts said.
The benchmark Korea Composite Stock Price Index (KOSPI) lost 20.91 points, or 1.08 percent, to 1,921.63 in the first 15 minutes of trading.
Large-cap exporters led the decline, with market bellwether Samsung Electronics slumping 1.17 percent and leading automaker Hyundai Motor falling 1.83 percent.
U.S. stocks closed lower on Thursday, as poor industry data from China and Europe raised concerns about a slowdown in major economies. The Dow Jones Industrial Average finished down 0.88 percent and the Nasdaq Composite Index fell 0.66 percent.
The local currency was trading at 1,133.8 won to the U.S. dollar as of 9:15 a.m., down 3.1 won from Thursday's close. (Yonhap News)
