Seoul shares open sharply lower on eurozone worries
Korean stocks got off to a weak start on Monday, dented by the nagging eurozone concerns ahead of a Germany-France summit later in the day, analysts said.
The benchmark Korea Composite Stock Price Index (KOSPI) lost 25.36 points, or 1.38 percent to 1,817.78 in the first 15 minutes of trading.
Most shares lost ground, with steelmakers and telecommunications leading the decline.
U.S. markets finished mixed last week as upbeat data in the labor sector failed to offset the lingering eurozone debt woes.
The local currency was trading at 1,163.75 won against the U.S. dollar as of 9:15 a.m., down 0.85 won from Friday's close. (Yonhap)