SEOUL, Feb. 23 (Yonhap) -- South Korean stocks opened lower Tuesday, tracking overnight losses on Wall Street that stemmed from inflation concerns.
The benchmark Korea Composite Stock Price Index (KOSPI) fell 20.28 points, or 0.66 percent, to 3,059.47 points in the first 15 minutes of trading.
Overnight, the Nasdaq dipped 2.46 percent as tech stocks, sensitive to high inflation, retreated.
In Seoul, top cap Samsung Electronics retreated 0.61 percent, and No. 2 chipmaker SK hynix shed 1.47 percent.
Top automaker Hyundai Motor moved down 0.62 percent, with giant internet portal operator Naver declining 0.78 percent. Leading chemical firm LG Chem went down 1.86 percent.
Pharmaceutical giant Samsung Biologics dropped 1.28 percent, and Celltrion lost 1.13 percent.
The local currency was trading at 1,111.4 won against the U.S. dollar, down 1 won from the previous session's close.
Short selling revisited on retail investors' increased sway
Legislation on compensating virus-hit small biz picks up steam
(News Focus) S. Korea drums up measures to revive consumption, create jobs next year amid pandemic
S. Korean companies bet big on hydrogen for zero-emission goal
S. Koreans feel pinch of rising housing costs amid economic downturn