Most Popular
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Jung's paternity reveal exposes where Korea stands on extramarital babies
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Samsung entangled in legal risks amid calls for drastic reform
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Heavy snow alerts issued in greater Seoul area, Gangwon Province; over 20 cm of snow seen in Seoul
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[Herald Interview] 'Trump will use tariffs as first line of defense for American manufacturing'
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Agency says Jung Woo-sung unsure on awards attendance after lovechild revelations
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Seoul blanketed by heaviest Nov. snow, with more expected
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[Health and care] Getting cancer young: Why cancer isn’t just an older person’s battle
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K-pop fandoms wield growing influence over industry decisions
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[Graphic News] International marriages on rise in Korea
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Korea's auto industry braces for Trump’s massive tariffs in Mexico
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South Korean stocks opened lower Wednesday as market heavyweights lost ground on woes over a widely expected rate hike in the U.S.
The benchmark Korea Composite Stock Price Index shed 6.5 points, or 0.32 percent, to 2,017.43 in the first 15 minutes of trading.
Top market cap Samsung Electronics fell 1.44 percent after the tech giant appointed a new head for its flagship mobile business that is struggling with falling margins amid tougher global competition.
In contrast, automakers traded bullish after releasing robust November sales numbers in the domestic market.
Industry leader Hyundai Motor rose 0.33 percent and its sister company Kia Motors increased 1.08 percent.
The local currency was trading at 1,154.3 won against the U.S. dollar as of 9:15 a.m., up 3.7 won from Tuesday's close. (Yonhap)
