2012-04-16 10:38
Shares open lower on renewed eurozone woes
Korean stocks opened lower Monday on persistent eurozone woes fueled by Spain's renewed debt problems, analysts said.
The benchmark Korea Composite Stock Price Index (KOSPI) fell 0.93 percent, or 18.60 points, to 1,990.31 in the first 15 minutes of trading. Market bellwether Samsung Electronics Co. moved up 0.19 percent, with top automaker Hyundai Motor Co. also gaining 0.24 percent in early trading. The local currency was trading at 1,136.75 won to the greenback as of 9:15 a.m., down 1.95 won from Friday close. (Yonhap) |