Seoul stocks open lower on chip rout, escalating Iran tensions
Market top-cap Samsung Electronics inched up 0.39 percent, while its rival SK hynix added 1.79 percent.
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Summary
Market top-cap Samsung Electronics inched up 0.39 percent, while its rival SK hynix added 1.79 percent. In contrast, top carmaker Hyundai Motor fell 4 percent, battery maker LG Energy Solution shed 2.54 percent, and defense giant Hanwha Aerospace declined 3.92 percent. SEOUL, July 20 (Yonhap) -- Seoul stocks opened sharply lower Monday, led by declines in major semiconductor makers, amid the escalating Middle East tensions.
Furthermore, In Seoul, most stocks were trading lower, while semiconductors gathered ground. The death of the soldier, who was killed while disposing of a downed Iranian drone, came amid a weekend of back-and-forth attacks between Iran and the United States. SanDisk and Micron led the decline, both falling by more than 8 percent.
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Market top-cap Samsung Electronics inched up 0.39 percent, while its rival SK hynix added 1.79 percent.
reliability low1/2 sourcesIn contrast, top carmaker Hyundai Motor fell 4 percent, battery maker LG Energy Solution shed 2.54 percent, and defense giant Hanwha Aerospace declined 3.92 percent.
reliability low1/2 sourcesSEOUL, July 20 (Yonhap) -- Seoul stocks opened sharply lower Monday, led by declines in major semiconductor makers, amid the escalating Middle East tensions.
reliability low1/2 sourcesIn Seoul, most stocks were trading lower, while semiconductors gathered ground.
reliability low1/2 sourcesThe death of the soldier, who was killed while disposing of a downed Iranian drone, came amid a weekend of back-and-forth attacks between Iran and the United States.
reliability low1/2 sourcesSanDisk and Micron led the decline, both falling by more than 8 percent.
reliability low1/2 sources
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