Seoul shares open lower ahead of earnings season
South Korean stocks started a tad lower Monday as investors took a cautious approach ahead of the earnings season.
The benchmark Korea Composite Stock Price Index fell 6.06 points, or 0.25 percent, to 2,450.09 in the first 15 minutes of trading.
Most of the major publicly traded companies report their quarterly earnings starting next week, with market heavyweights SK hynix and Samsung Electronics slated for Oct. 26 and Oct. 31, respectively.
Battery shares led the decline, with industry leader LG Energy Solution, the second-biggest share in terms of market cap, losing 1.14 percent and Posco Future M sinking 3.74 percent.
Builders were also among the losers, with Hyundai Engineering & Construction decreasing 0.7 percent and Samsung C&T skidding 0.28 percent.
Top online portal operator Naver fell 0.83 percent, and leading game developer NCSOFT dropped 0.89 percent.
The local currency was trading at 1,351.25 won against the US dollar at 9:15 a.m., down 1.25 won from the previous session's close. (Yonhap)
(责任编辑：부동산)
KT SAT to adopt Starlink for enhanced maritime internet
Yoon orders increased defense of public digital infrastructure
Trilateral cooperation unaffected by US election outcomes: Goldberg
Seoul shares start lower ahead of key rate decision
Criminal procedures for foreigners in Korea
- Hyundai’s ‘Uni Wheel’ system gives more room for different car designs
- German envoy calls for enhanced security cooperation with S. Korea
- BOK likely to keep policy rate unchanged on slowdown, hope for Fed's rate freeze, easing inflation
- Seoul shares close more than 1% higher on extended Israel
- Hillstate Gayang flats in Daejeon to go on sale
- Volvo EX30 debuts in Korea
- LS Materials to tap deeper into EV, green energy markets
- China’s AliExpress eyes expansion in Korea
-
Cheong Wa Dae to open for winter night stroll event
The former presidential office compound of Cheong Wa Dae will open its gates at night for six days n
...[详细]
-
BOK likely to keep policy rate unchanged on slowdown, hope for Fed's rate freeze, easing inflation
The weak economic momentum, along with the hope for the Federal Reserve's rate freeze next month and
...[详细]
-
DAY6 will hold a year-end concert with all four members present, a first in four years, according to
...[详细]
-
Seoul shares start lower ahead of key rate decision
South Korean stocks opened a tad lower Wednesday ahead of the central bank's rate-setting meeti
...[详细]
-
Labor unions slam government efforts to attract more foreign workers
Two major umbrella unions in South Korea on Tuesday criticized the government’s latest efforts to br
...[详细]
-
Hanwha Ocean developing submarine stealth technology
Hanwha Ocean is leading a government research project on defense and security technology for buildin
...[详细]
-
Hillstate Gayang flats in Daejeon to go on sale
Some 350 flats at Hyundai Engineering & Construction's new apartment complex, Hillstate Gayang
...[详细]
-
Jeju's autonomy is model for Western Sahara: Morocco
The Moroccan Embassy emphasized the significance of administrative autonomy as a catalyst for develo
...[详细]
-
Spike in camping enthusiasts in Korea, yet camping etiquette lags behind
“This is not a campsite,” reads a banner that hangs prominently -- yet seemingly powerlessly -- in a
...[详细]
-
[Herald Interview] 'Korea strives to set global standards for data protection in generative AI era'
![[Herald Interview] 'Korea strives to set global standards for data protection in generative AI era'](https://pds.joongang.co.kr/news/component/htmlphoto_mmdata/202311/17/ecec0911-6336-4dac-b2ef-8d07080432ab.jpg)
With the rise of generative artificial intelligence like ChatGPT, regulators across the world have s
...[详细]
- Posco to start search for new chief
- ‘Smugglers’ wins best picture at 44th Blue Dragon Film Awards
- 군사력은 미국이 우위지만, 글로벌 공급망은 미·중 비등 [중앙포럼]
- Samsung sets up control tower for new growth drivers
- Yoon replaces spy agency leadership
- Female Nexon employee berates 'misandrist gesture' in MapleStory video
- 尹, 과학기술자문회의와 오찬 “예타 간소화·예산집행 유연화 필요”
- 홍준표, 하태경 종로 출마 선언에…"주사파 출신이 갈 곳 아니다"
- Hyundai Motor chief named automotive industry leader of 2023
- [Bills in Focus] Windfall tax on banks and urban infra refurbishment
- 'Do not open plane doors' warning mandated for planes in flight
- LS Materials to tap deeper into EV, green energy markets
- New NZ minister takes oath in English and Korean
- Disability rights group lodges complaint with rights watchdog over leader's arrest
- "조선의 샛별 여장군, 세계가 우러러 볼것"…北, 김주애도 우상화
- Seoul shares start lower ahead of key rate decision
- Seoul shares close more than 1% higher on extended Israel