[
THE INVESTOR] South Korean stocks opened lower on Oct. 26 amid Wall Street losses.
The benchmark KOSPI fell 18.04 points, or 0.89 percent, to 2,019.13 in the first 15 minutes of trading.
Most large caps traded mixed with market kingpin Samsung Electronics dipping 1.19 percent. Samsung C&T, Samsung’s de facto holding firm, lost 1.48 percent.
Hyundai Motor shed 1.19 percent.
In contrast, state-run Korean Electric Power Corp. rose 1.2 percent and SK hynix was up 1.34 percent on its better-than-expected third-quarter earnings.
The local currency was trading at 1,130.30 won against the US greenback, up 3.2 won from the previous session’s close.
(
theinvestor@heraldcorp.com)
