{"id":242415,"date":"2024-03-28T00:00:00","date_gmt":"2024-03-28T00:00:00","guid":{"rendered":"http:\/\/taiwannewswire.com\/?guid=5871a72d2a08523ce7f673df2adc95f7"},"modified":"2024-03-28T00:00:00","modified_gmt":"2024-03-28T00:00:00","slug":"seoul-shares-start-lower-despite-u-s-gains","status":"publish","type":"post","link":"https:\/\/taiwannewswire.com\/seoul-shares-start-lower-despite-u-s-gains\/","title":{"rendered":"Seoul shares start lower despite U.S. gains"},"content":{"rendered":"
\nSouth Korean stocks opened a tad lower Thursday despite gains on Wall Street.<\/p>\n
The benchmark Korea Composite Stock Price Index (KOSPI) lost 1.98 points, or 0.07 percent, to 2,753.13 in the first 15 minutes of trading.<\/p>\n
U.S. stocks finished higher to end their three-day losing streak on Wednesday (U.S. time). The Dow Jones Industrial Average jumped 1.2 percent, and the Nasdaq composite gained 0.5 percent.<\/p>\n
In Seoul, large-cap shares led the bearish start.<\/p>\n
Leading battery maker LG Energy Solution dropped 1.1 percent, and chemicals company LG Chem skidded 0.45 percent.<\/p>\n
Top carmaker Hyundai Motor retreated 0.61 percent, and No. 1 mobile carrier SK Telecom slid 1.11 percent.<\/p>\n
But chipmakers were in positive territory, with Samsung Electronics rising 0.38 percent and SK hynix advancing 0.28 percent.<\/p>\n
The local currency was trading at 1,352.4 won against the U.S. dollar, down 3.7 won from the previous session’s close.<\/p>\n
Source: Yonhap News Agency<\/p>\n","protected":false},"excerpt":{"rendered":"
South Korean stocks opened a tad lower Thursday despite gains on Wall Street.<\/p>\n
The benchmark Korea Composite Stock Price Index (KOSPI) lost 1.98 points, or 0.07 percent, to 2,753.13 in the first 15 minutes of trading.<\/p>\n
U.S. stocks finished higher to e…<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[],"yoast_head":"\n