Most Popular
-
1
10-man S. Korea lose to Indonesia to miss out on Paris Olympic football qualification
-
2
Hybe-Ador feud should have limited effect on Hybe's overall performance: analysts
-
3
Second Gimpo civil servant found dead, after apologizing for not finishing work
-
4
DP leader says he will meet Yoon without conditions
-
5
First-ever meeting of president, opposition chief set to finally happen
-
6
NewJeans' singles, Japanese debut to proceed as planned, despite Hybe-Ador feud
-
7
Experts raise concerns about Japan putting pressure on Naver over Line
-
8
Blinken calls on China to press N. Korea to end its 'dangerous' behavior
-
9
Samsung mobile chief, Google device head meet in Seoul
-
10
Ship linked to NK arms shipments to Russia is moored in China: State Dept.
Seoul shares opened lower Friday on tech losses, despite overnight gains on Wall Street following a report indicating the US economy remains stronger than expected.
The benchmark Korea Composite Stock Price Index fell 0.06 percent, or 1.44 points, to 2,468.90 in the first 15 minutes of trading.
Overnight, the Dow Jones Industrial Average rose 0.6 percent to 38,049.13, and the tech-heavy Nasdaq climbed 0.2 percent to 15,510.50.
The US economy grew at an estimated 3.3 percent in the fourth quarter of 2023, higher than the 1.8 percent growth outlook by market players.
In Seoul, tech stocks were lead decliners.
Market bellwether Samsung Electronics Co. fell 0.7 percent, No. 2 chipmaker SK hynix Inc. declined 0.4 percent, leading home appliance maker LG Electronics Inc. shed 1.1 percent, and top carmaker Hyundai Motor Co. shed 1 percent.
Among gainers, leading car battery maker LG Energy Solution Ltd. rose 0.3 percent, LG Chem Ltd. jumped 3.5 percent, and leading refiner SK Innovation Co. gained 1.8 percent.
The local currency was trading at 1,339.05 won against the US dollar, down 3.25 won from the previous session's close. (Yonhap)
