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Seoul stocks start slightly down

[THE INVESTOR] Investors chose to cash in on recent gains, sending South Korean shares slightly down in early trading Aug. 19.

The benchmark KOSPI fell 1.33 points, or 0.06 percent, to 2,054.14 in the first 15 minutes of trading.

Large caps gained with market kingpin Samsung Electronics inching up 0.12 percent. Major chipmaker SK hynix gained 0.88 percent. 

123rf
123rf


Auto shares traded were mixed across the board. Top automaker Hyundai Motor remained unchanged and its affiliate Kia Motors inched down 0.12 percent.

The local currency was trading at 1,108.70 won against the US dollar, weakening 1.2 won from the previous session’s close.

(theinvestor@heraldcorp.com)
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