Seoul stocks opened nearly flat Friday, as investors sat on the sidelines amid the escalating geopolitical tensions in the Middle East. The benchmark Korea Composite Stock Price Index fell 0.02 percent, or 0.48 point, to 2,561.21 in the first 15 minutes of trading. Overnight, U.S. shares lost ground amid the growing conflict between Israel and Iran, with the Dow Jones Industrial Average losing 0.44 percent and the tech-heavy Nasdaq composite falling 0.04 percent. International benchmark Brent crude, meanwhile, soared 5.03 percent amid concerns that Israel may strike oil facilities in Iran. In Seoul, tech shares traded mixed, with top tech giant Samsung Electronics falling 0.33 percent while No. 2 chipmaker SK hynix gained 1.71 percent. Pharmaceutical firms started higher, with Samsung Biologics rising 3.17 percent and Celltrion advancing 0.89 percent. The local currency was trading at 1,332 won against the U.S. dollar, down 12.7 won from the previous session. Source: Yonhap News Agency
Seoul shares open nearly flat amid geopolitical uncertainties
Recent News
Lin Chung-wei Wins Bronze in Men’s 400-Meter Hurdles at Asian Games
September 28, 2026
Taiwan Secures 33 Medals at 2026 Aichi-Nagoya Asian Games
September 28, 2026
Fu Chao-hsuan Wins Historic Gold in High Jump at Asian Games
September 28, 2026
East Asia Super League 2026-27 Season to Open in Cebu
September 28, 2026
Taiwanese Tech Firms Host Major Recruitment Event in Silicon Valley
September 28, 2026
Morocco Resumes Visa Applications for Taiwanese Tourists
September 28, 2026
Taiwan’s VIS and NXP Semiconductors Begin Production at Singapore Chip Plant
September 28, 2026