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[Exclusive] Korean military set to ban iPhones over 'security' concerns
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Korean, Romanian leaders discuss defense tech, nuclear energy
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[Graphic News] 77% of young Koreans still financially dependent
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Yoon’s jailed mother-in-law excluded from latest parole list
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Hybe and Min Hee-jin, CEO of Hybe sublabel Ador, lock horns
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[Pressure points] Leggings in public: Fashion statement or social faux pas?
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Yoo Jae-suk, Yoo Yeon-seok team up in 'Whenever Possible'
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Aging population to drive down Korea's housing prices from 2040: experts
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Korea’s homegrown nanosatellite successfully launches into space
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South Korean stocks opened lower Wednesday as a spike in new coronavirus cases weighed on investor sentiment.
The benchmark Korea Composite Stock Price Index (Kospi) fell 7.24 points, or 0.22 percent, to 3,235.95 points in the first 15 minutes of trading.
Stocks got off to a weak start as South Korea reported a record number of daily coronavirus cases above 2,200, stoking concerns of a growing nationwide outbreak despite toughened restrictions.
Market bellwether Samsung Electronics fell 0.87 percent, and No. 2 chipmaker SK hynix slumped 2.67 percent.
Pharmaceutical firm Samsung Biologics dipped 0.32 percent, while Celltrion rose 0.56 percent.
Internet portal giant Naver remained unchanged, while online messenger operator Kakao was also flat.
Top automaker Hyundai Motor added 0.23 percent, and leading chemical firm LG Chem gained 0.59 percent.
Video game developer Krafton tumbled 3.85 percent on its second day of trading.
The local currency was trading at 1,154.3 won to the US dollar, down 4.5 won from the previous session's close. (Yonhap)
The benchmark Korea Composite Stock Price Index (Kospi) fell 7.24 points, or 0.22 percent, to 3,235.95 points in the first 15 minutes of trading.
Stocks got off to a weak start as South Korea reported a record number of daily coronavirus cases above 2,200, stoking concerns of a growing nationwide outbreak despite toughened restrictions.
Market bellwether Samsung Electronics fell 0.87 percent, and No. 2 chipmaker SK hynix slumped 2.67 percent.
Pharmaceutical firm Samsung Biologics dipped 0.32 percent, while Celltrion rose 0.56 percent.
Internet portal giant Naver remained unchanged, while online messenger operator Kakao was also flat.
Top automaker Hyundai Motor added 0.23 percent, and leading chemical firm LG Chem gained 0.59 percent.
Video game developer Krafton tumbled 3.85 percent on its second day of trading.
The local currency was trading at 1,154.3 won to the US dollar, down 4.5 won from the previous session's close. (Yonhap)
