The Korea Herald

소아쌤

Seoul shares open lower on Sept. 9

By 정민경

Published : Sept. 9, 2016 - 09:30

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[THE INVESTOR] South Korean stocks opened lower on Sept. 9 on overnight losses in Wall Street.

The benchmark KOSPI shed 17.57 points, or 0.85 percent, to 2,046.16 in the first 15 minutes of trading.

US stocks closed lower on Sept. 8 on a slump in tech stocks, with the Dow Jones industrial average losing 0.3 percent to 18,479.91 points in the face of a dip in Apple Inc.


Apple fell some 2.5 percent as its latest iPhone 7 failed to appeal to Wall Street.

Most large caps traded mixed with market kingpin Samsung Electronics shedding 1.71 percent.

Top automaker Hyundai Motor shed 0.36 percent, and top steelmaker POSCO lost 1.3 percent.

Naver, the operator of the country’s top internet portal, fell 2.3 percent.

The local currency was trading at 1,098.15 won against the US dollar, up 5.55 won from the previous session’s close.

(theinvestor@heraldcorp.com)