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Home International Markets

South korean stocks trade 0.18% weaker at noon, KOSPI sinks 3.82pts

byCustoms Today Report
08/06/2015
in International Markets
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SEOUL: South Korean stocks traded 0.18 percent lower late Monday morning, led by a drop in big-cap tech and auto shares, analysts said.

The benchmark Korea Composite Stock Price Index (KOSPI) fell 3.82 points to 2,064.28 as of 11:20 a.m.

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Tech giant Samsung Electronics surrendered 1.42 percent, and chipmaker SK hynix retreated 2.04 percent.

Industry leader Hyundai Motor tumbled 2.55 percent and auto parts maker Hyundai Mobis also moved down 2.34 percent. Kia Motors backtracked 2.38 percent.

The local currency was trading at 1,119.3 won to the U.S. dollar as of 11:20 a.m., down 8.2 won from the previous session’s close.

 

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