Sponsored Links

Seoul shares open weaker as U.S. stocks dip

SEOUL | Thu Oct 18, 2012 8:13pm EDT

SEOUL Oct 19 (Reuters) - South Korean shares opened lower on Friday, taking their cue from a dip in global shares following weak results from technology giant Google.

The Korea Composite Stock Price Index (KOSPI) was down 0.34 percent at 1,952.41 points at 0003 GMT.

Shares in Kolon Industries Inc fell 1 percent after a U.S. grand jury charged it on Tuesday with criminal trade theft in a case over how the company produced high-strength fibre.

Chipmaker SK Hynix was down 0.6 percent on news that it had lost an appeal in an ongoing case against Hyundai Securities. (Reporting By Somang Yang; Editing by Richard Pullin)

Comments (0)
This discussion is now closed. We welcome comments on our articles for a limited period after their publication.