Seoul shares open lower on inflation, Mideast woes
최경애
2026-10-12 09:03:31
stocks-open
| ▲ This photo, taken Oct. 8, 2026, shows the dealing room of Hana Bank in Seoul after the market close. (Yonhap) |
SEOUL, Oct. 12 (Yonhap) -- Seoul shares opened lower Monday, as losses in technology stocks weighed on the market amid inflation concerns stoked by elevated oil prices and the escalating Middle East crisis.
The benchmark Korea Composite Stock Price Index (KOSPI) fell 47.76 points, or 0.72 percent, to 6,578.17 at the opening bell.
The decline came despite overnight gains on Wall Street.
The Dow Jones Industrial Average rose 0.83 percent on Friday (local time), while the tech-heavy Nasdaq Composite climbed 0.64 percent.
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