Seoul shares shed early gains late Tuesday morning due to losses from carmakers and financial firms. The benchmark Korea Composite Stock Price Index (KOSPI) had added 0.6 points, or 0.02 percent, to 2,858.36 as of 11:20 a.m. Carmakers lost ground, with Hyundai Motors losing 3.36 percent and its smaller sister Kia losing 2.58 percent. Auto parts maker Hyundai Mobis shed 2.32 percent. Financial firms also traded lower, with KB Financial falling 3.11 percent and Shinhan Financial moving down 2.12 percent. Top tech giant Samsung Electronics, on the other hand, rose 0.57 percent, and No. 2 chipmaker SK hynix climbed 1.07 percent. Leading online search engine operator Naver added 0.18 percent, and its smaller rival Kakao gained 0.47 percent. The local currency was trading at 1,385.5 won against the U.S. dollar at 11:20 a.m., down 2.2 won from the previous session's close. Source: Yonhap News Agency
Seoul shares shed early gains on losses from auto, financial stocks
Recent News
Ukraine Urged to Stand by Taiwan Amid Global Autocracy Concerns: NGO
September 16, 2026
U.S. Will Not Tolerate Change in Taiwan Status by Force: Senator Ricketts
September 16, 2026
Taiwan Digital Minister Engages with U.S. Officials on AI and Cybersecurity
September 16, 2026
China Airlines Partners with Virgin Atlantic to Enhance SkyTeam Network
September 16, 2026
Meta Launches Meta One Subscription Service in Taiwan
September 16, 2026
Asset Hub Push Lifts Taipei’s Global Financial Standing: Stock Exchange
September 16, 2026
Deal with CTBC Subsidiary for Domed Stadium Close: Taichung Mayor
September 16, 2026
TSMC Shares Rally Back to Ex-Dividend Level Within Minutes
September 16, 2026