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[THE INVESTOR] South Korean stocks fell late morning on Oct. 25 as Samsung affiliates suffered losses.
The benchmark KOSPI shed 14.02 points, or 0.68 percent, to 2,033.72 as of 11:20 a.m.
Top market cap Samsung Electronics fell 0.62 percent, and major chipmaker SK hynix jumped 2.12 percent.
AmorePacific, the country’s top cosmetics maker, dropped 10.48 percent on news that China is moving to restrict its people from visiting South Korea.
Naver, the country’s top portal operator, remained flat.
Hyundai Motor, the country’s top automaker, rose 2.6 percent while its smaller affiliate Kia Motors advanced 1.45 percent.
The South Korean won was trading at 1,138.05 won against the US dollar, down 7.05 won from the previous session’s close.
(theinvestor@heraldcorp.com)
The benchmark KOSPI shed 14.02 points, or 0.68 percent, to 2,033.72 as of 11:20 a.m.
Top market cap Samsung Electronics fell 0.62 percent, and major chipmaker SK hynix jumped 2.12 percent.
AmorePacific, the country’s top cosmetics maker, dropped 10.48 percent on news that China is moving to restrict its people from visiting South Korea.
Naver, the country’s top portal operator, remained flat.
Hyundai Motor, the country’s top automaker, rose 2.6 percent while its smaller affiliate Kia Motors advanced 1.45 percent.
The South Korean won was trading at 1,138.05 won against the US dollar, down 7.05 won from the previous session’s close.
(theinvestor@heraldcorp.com)
