Most large-cap shares fell, with Samsung Electronics down 6.48% and SK hynix 6.69%, as profit-taking followed Friday's 17% jump
Seoul Stocks Open Sharply Lower After Record KOSPI Surge
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Summary
Battery maker LG Energy Solution fell 4.27 percent, major financial company KB Financial inched down 0.47 percent, while defense giant Hanwha Aerospace added 0.55 percent. "We may see investors attempt profit-taking early this week, as the benchmark KOSPI vaulted around 17 percent Friday, the sharpest single-day gain on record," Han Ji-young, an analyst from Kiwoom Securities, said. Revenue at Amazon's cloud computing unit jumped 37 percent in the second quarter ending in June, exceeding market expectations.
Furthermore, Chip giant Samsung Electronics fell 6.48 percent, while industry rival SK hynix dipped 6.69 percent. In Seoul, most large-cap shares were trading lower. Tensions in the Middle East have shown signs of easing as US President Donald Trump said talks with Iran will resume Monday after he called off a "massive attack" on the country.
Cross-referenced from 2 sources.
Factual coreconfirmed by several independent voices
Battery maker LG Energy Solution fell 4.27 percent, major financial company KB Financial inched down 0.47 percent, while defense giant Hanwha Aerospace added 0.55 percent.
reliability low1/2 sources"We may see investors attempt profit-taking early this week, as the benchmark KOSPI vaulted around 17 percent Friday, the sharpest single-day gain on record," Han Ji-young, an analyst from Kiwoom Securities, said.
reliability low1/2 sourcesRevenue at Amazon's cloud computing unit jumped 37 percent in the second quarter ending in June, exceeding market expectations.
reliability low1/2 sourcesChip giant Samsung Electronics fell 6.48 percent, while industry rival SK hynix dipped 6.69 percent.
reliability low1/2 sourcesIn Seoul, most large-cap shares were trading lower.
reliability low1/2 sourcesTensions in the Middle East have shown signs of easing as US President Donald Trump said talks with Iran will resume Monday after he called off a "massive attack" on the country.
reliability low1/2 sources
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