Seoul shares open lower amid lingering uncertainties in US bonds
The benchmark figures for the Composite Korean Stock Price Index (Kospi) were posted on Thursday in the trading room of a local bank in Seoul. (Yonhap)
The benchmark Korea Composite Stock Price Index (Kospi) fell 13.57 points, or 0.44%, to 3,046.7 points in the first 15 minutes of trading.
The main South Korean index had a mixed start after a mixed close by its US stock peers.
Overnight, the tech-heavy Nasdaq composite lost 0.24%, while the Dow Jones Industrial Average and S&P 500 rose 0.26% and 0.16% respectively.
In Seoul, top cap Samsung Electronics fell 0.27%, with No. 2 chipmaker SK hynix and pharmaceutical giant Samsung Biologis trading flat.
Internet portal operator Naver fell 1.55% and chemicals leader LG Chem fell 1.56%.
Major automaker Hyundai Motor fell 0.99% and rechargeable battery maker Samsung SDI fell 0.71%.
The local currency was trading at 1,186.2 won against the US dollar, down 4.4 won from the close of the previous session. (Yonhap)