Seoul shares open tad lower on battery, auto losses – Pearson Global News & Education

SEOUL, June 27 (Yonhap) -- South Korean stocks opened slightly lower Friday, as investors continued to cash in recent gains. The benchmark Korea Composite Stock Price Index (KOSPI) shed 7.84 points, or 0.25 percent, to 3,071.72 in the first 15 minutes of trading. The overall losses were led by battery and automotive shares, with top battery manufacturer LG Energy Solution down 1.01 percent and leading automaker Hyundai Motor falling 0.95 percent. Internet portal operators and refiners also extended their losses. Top portal firm Naver slid 0.96 percent, and leading refiner SK Innovation tumbled 1.2 percent. Chip shares traded mixed, with Samsung Electronics up 0.33 percent and rival SK hynix falling 1.54 percent. The local currency was trading at 1,355.15 won against the greenback at 9:15 a.m., down 1.75 won from the previous session. This photo, taken June 27, 2025, shows the dealing room of Hana Bank in Seoul. (Yonhap) odissy@yna.co.kr(END)

https://img.yna.co.kr/photo/yna/YH/2025/06/27/PYH2025062702170001300_P2.jpg

SEOUL, June 27 (Yonhap) — South Korean stocks opened slightly lower Friday, as investors continued to cash in recent gains.

The benchmark Korea Composite Stock Price Index (KOSPI) shed 7.84 points, or 0.25 percent, to 3,071.72 in the first 15 minutes of trading.

The overall losses were led by battery and automotive shares, with top battery manufacturer LG Energy Solution down 1.01 percent and leading automaker Hyundai Motor falling 0.95 percent.

Internet portal operators and refiners also extended their losses. Top portal firm Naver slid 0.96 percent, and leading refiner SK Innovation tumbled 1.2 percent.

Chip shares traded mixed, with Samsung Electronics up 0.33 percent and rival SK hynix falling 1.54 percent.

The local currency was trading at 1,355.15 won against the greenback at 9:15 a.m., down 1.75 won from the previous session.