Seoul shares open lower on US economic data
South Korean stocks opened lower Friday as investors sat on the sidelines as data cautiously raised speculation that the US economy is cooling.
The benchmark Korea Composite Stock Price Index fell 17.12 points, or 0.69 percent, to 2,471.06 in the first 15 minutes of trading.
Overnight, the Dow Jones Industrial Average fell 0.13 percent, while the Nasdaq Composite edged up 0.07 percent.
Data showed that the unemployment benefit claims in the world's largest economy have reached the highest level in three months. The US industrial output also shed 0.6 percent on-month in October.
In Seoul, top tech giant Samsung Electronics fell 0.41 percent, and leading battery maker LG Energy Solution lost 2.26 percent.
No. 1 carmaker Hyundai Motor fell 0.43 percent, and its smaller sister Kia shed 0.47 percent. Auto parts maker Hyundai Mobis decreased 1.08 percent.
The local currency was trading at 1,296.3 won against the US dollar, up 0.6 won from the previous session's close. (Yonhap)
(责任编辑:교육)
- [Herald Interview] 'Korea strives to set global standards for data protection in generative AI era'
- Decoding Korea's 'virtuous' drinking culture
- Halloween weekend sees 65 police calls
- 협치 첫 단추 ‘현수막 난립방지법’ 소위 통과
- Trilateral cooperation unaffected by US election outcomes: Goldberg
- LG Energy Solution debuts new battery
- NK closes embassy in Spain after shutting down 2 missions in Africa
- [Korea Beyond Korea] From history and K
- Dog meat group threatens to release 2 million dogs near presidential office
- NK closes embassy in Spain after shutting down 2 missions in Africa
- Yoon doubles down on cutting national debt in 2024 budget speech
- Epitaph plaque for wife of first Korean diplomatic minister in US returns to Korea
- China’s AliExpress eyes expansion in Korea
- Yoon donates W5m toward construction of memorial for ex
- Hyundai Elevator, Erbud team up to rebuild Ukraine
- Celltrion wins UNDP tender to supply anticancer treatments to Turkmenistan
- 北 ‘환적지 이동’ 정황…석도 인근서 10월에만 10건 포착
- Halloween weekend sees 65 police calls
- Samsung Biologics sees highest
- 홍준표 "서울 메가시티, 시대 역행…尹정책과도 안맞아"
- Korea suspends stock short selling until start of July 2024 views+
- [Bills in Focus] Broader offshore financial support, mobility regulatory sandbox views+
- World Cup in Saudi Arabia sparks human rights protest views+
- Zerobaseone reaches 'Melting Point' with 2nd EP views+
- Mayplace Hotel marks ninth anniversary with room promotions views+
- SK Bioscience ramps up global cooperation to improve public health views+
- Samsung family to sell stakes worth W2.6tr to pay tax views+
- [Test Drive] Upgraded Polestar 2 dons Iron Man mask views+
- N. Korea steps up criticism against military cooperation among S. Korea. US, Japan views+
- LG Electronics opens Alaskan lab to develop HVAC tech in extreme weather views+