Home

The Korea Herald

Latest news

Most Popular

  1. 1

    [AtoZ into Korean mind] Humor in Korea: Navigating the line between what's funny and not

    [AtoZ into Korean mind] Humor in Korea: Navigating the line between what's funny and not
  2. 2

    [Exclusive] Korean military set to ban iPhones over 'security' concerns

    [Exclusive] Korean military set to ban iPhones over 'security' concerns
  3. 3

    Yoon seeks rebound, taps 5-term lawmaker as chief of staff

    Yoon seeks rebound, taps 5-term lawmaker as chief of staff
  4. 4

    Medical standoff deepens as doctors reject new med school plan, talks

    Medical standoff deepens as doctors reject new med school plan, talks
  5. 5

    Korean, Romanian leaders discuss defense tech, nuclear energy

    Korean, Romanian leaders discuss defense tech, nuclear energy
  1. 6

    [Graphic News] 77% of young Koreans still financially dependent

    [Graphic News] 77% of young Koreans still financially dependent
  2. 7

    [Herald Interview] Why Toss invited hackers to penetrate its system

    [Herald Interview] Why Toss invited hackers to penetrate its system
  3. 8

    S. Korean envoys convene to navigate strategy amid Middle East tensions

    S. Korean envoys convene to navigate strategy amid Middle East tensions
  4. 9

    North Korea fires several short-range ballistic missiles into sea: JCS

    North Korea fires several short-range ballistic missiles into sea: JCS
  5. 10

    Samsung, SK hynix investors dump shares on Nvidia crash

    Samsung, SK hynix investors dump shares on Nvidia crash
지나쌤

Seoul stocks open lower on profit-taking

By Yonhap

Published : Nov. 25, 2021 - 09:35

    • Link copied

The benchmark Korea Composite Stock Price Index (Kospi) figures are displayed at a dealing room of a local bank in Seoul, Thursday. (Yonhap) The benchmark Korea Composite Stock Price Index (Kospi) figures are displayed at a dealing room of a local bank in Seoul, Thursday. (Yonhap)
South Korean stocks opened lower Thursday as investors attempted to cash in gains from the recent rally.

The benchmark Korea Composite Stock Price Index (KOSPI) fell 7.35 points, or 0.25 percent, to 2,986.94 points in the first 15 minutes of trading.

The KOSPI got off to a lackluster start, apparently on the back of losses in tech heavyweights.

Top cap Samsung Electronics fell 0.53 percent, and No. 2 chipmaker SK hynix lost 0.42 percent.

Leading chemical firm LG Chem shed 1.2 percent and top automaker Hyundai Motor went down 0.24 percent.

Among gainers, leading internet portal operator Naver gained 0.89, and pharmaceutical giant Samsung Biologics edged up 0.24 percent.

The local currency was trading at 1,188.7 against the US dollar, down 2.2 won from the previous session's close. (Yonhap)

More from Headlines