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
First snow to fall in Seoul on Wednesday
-
4
Man convicted after binge eating to avoid military service
-
5
Trump picks ex-N. Korea policy official as his principal deputy national security adviser
-
6
Final push to forge UN treaty on plastic pollution set to begin in Busan
-
7
Korea to hold own memorial for forced labor victims, boycotting Japan’s
-
8
S. Korea not to attend Sado mine memorial: foreign ministry
-
9
Nvidia CEO signals Samsung’s imminent shipment of AI chips
-
10
Toxins at 622 times legal limit found in kids' clothes from Chinese platforms
South Korean stocks opened lower Friday as investors opted for profit-taking after the market closed bullish in the previous trading session following the central bank's rate cut, analysts said.
The benchmark Korea Composite Stock Price Index (KOSPI) moved down 11.68 points, or 0.59 percent, to 1,967.77 in the first 15 minutes of trading.
Shares lost ground across the board, with No. 1 carmaker Hyundai Motor losing 2.07 percent and market behemoth Samsung Electronics moving down 1.06 percent. Leading shipbuilder Hyundai Heavy Industries shed 0.49 percent.
Seoul shares gathered ground on Thursday as the central bank slashed the key interest rate for the first time in seven months in a bid to lend support to the government's drive to stimulate the local economy.
The local currency was trading at 1,100.85 won against the U.S. dollar as of 9:15 a.m., down 9.85 won from Thursday's close. (Yonhap News)
The benchmark Korea Composite Stock Price Index (KOSPI) moved down 11.68 points, or 0.59 percent, to 1,967.77 in the first 15 minutes of trading.
Shares lost ground across the board, with No. 1 carmaker Hyundai Motor losing 2.07 percent and market behemoth Samsung Electronics moving down 1.06 percent. Leading shipbuilder Hyundai Heavy Industries shed 0.49 percent.
Seoul shares gathered ground on Thursday as the central bank slashed the key interest rate for the first time in seven months in a bid to lend support to the government's drive to stimulate the local economy.
The local currency was trading at 1,100.85 won against the U.S. dollar as of 9:15 a.m., down 9.85 won from Thursday's close. (Yonhap News)
![[More than APT] Residents, architects together design homes](http://res.heraldm.com/phpwas/restmb_idxmake.php?idx=652&simg=/content/image/2024/11/24/20241124050036_0.jpg&u=)
