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
Final push to forge UN treaty on plastic pollution set to begin in Busan
-
6
Korea to hold own memorial for forced labor victims, boycotting Japan’s
-
7
Nvidia CEO signals Samsung’s imminent shipment of AI chips
-
8
Industry experts predicts tough choices as NewJeans' ultimatum nears
-
9
Job creation lowest on record among under-30s
-
10
Opposition chief acquitted of instigating perjury
[THE INVESTOR] South Korean shares traded lower late morning on Aug. 11 on foreign sell-offs.
The benchmark KOSPI shed 5.52 points, or 0.27 percent, to 2,039.12 as of 11:20 a.m.
As expected, the Bank of Korea kept its key interest rate unchanged at an all-time low of 1.25 percent earlier in the day, citing a need to assess the effect of previous rate cuts.
Large caps traded mixed with market kingpin Samsung Electronics shedding 0.45 percent, and global chipmaker SK hynix up 0.15 percent.
AmorePacific, the largest cosmetics maker, dipped 1.52 percent.
Top automaker Hyundai Motor was flat and its smaller affiliate Kia Motors traded 1.34 percent higher.
The local currency was trading at 1,096.35 won against the US dollar, down 0.95 won from the previous session’s close.
(theinvestor@heraldcorp.com)
The benchmark KOSPI shed 5.52 points, or 0.27 percent, to 2,039.12 as of 11:20 a.m.
As expected, the Bank of Korea kept its key interest rate unchanged at an all-time low of 1.25 percent earlier in the day, citing a need to assess the effect of previous rate cuts.
Large caps traded mixed with market kingpin Samsung Electronics shedding 0.45 percent, and global chipmaker SK hynix up 0.15 percent.
AmorePacific, the largest cosmetics maker, dipped 1.52 percent.
Top automaker Hyundai Motor was flat and its smaller affiliate Kia Motors traded 1.34 percent higher.
The local currency was trading at 1,096.35 won against the US dollar, down 0.95 won from the previous session’s close.
(theinvestor@heraldcorp.com)
