Go to Contents Go to Navigation

Stocks open lower on decline in oil prices

All News 09:18 January 10, 2017

SEOUL, Jan. 10 (Yonhap) -- South Korean stocks opened lower on Tuesday as investor sentiment was dampened by a decline in global oil prices.

The benchmark Korea Composite Stock Price Index (KOSPI) shed 4.27 points, or 0.21 percent, to 2,044.51 in the first 15 minutes of trading.

Most large caps traded mixed with market kingpin Samsung Electronics rising 0.21 percent.

Chipmaker SK hynix was down 0.1 percent.

Top automaker Hyundai Motor rose 0.66 percent while its smaller affiliate Kia Motors was down 0.62 percent.

SK Innovation, the country's No.1 refiner, dipped 1.57 percent and LG Chem, the leading chemicals firm, gained 1.32 percent.

The local currency was trading at 1,199.80 won against the U.S. dollar, up 8.5 won from the previous session's close.


Send Feedback
How can we improve?
Thanks for your feedback!