SEOUL, March 11 South Korea's main KOSPI share
index was down 0.6 percent at 1,993.66 as of 0029 GMT.
The index opened down 0.3 percent at 0001 GMT.
Stocks on the move on Monday:
**AUTO SHARES LOSE GROUND ON WEAK YEN**
Shares in Hyundai Motor Co fell 2.6 percent in
early trading while sibling Kia Motors slid 2.4
percent as the yen stayed near multi-year lows against the
dollar on Monday.
"Hyundai did start a two-shift production schedule on
weekdays as of this week, but the news was already exposed last
week. The yen's sharp decline, after showing signs of somewhat
easing, appears to be driving the selloff," said Cho Soo-hong,
an analyst at Woori Investment & Securities.
The dollar was steady against the yen around 96.05,
near Friday's peak of 96.60 yen, its highest since August 2009,
hit after the U.S. jobs data. A softer yen benefits Japanese
automakers directly competing with South Korean counterparts.
**SK HYNIX BEATS TECH PEERS ON IMPROVED EARNINGS OUTLOOK**
Shares in SK Hynix Inc rose 1.1 percent, beating
local tech peers on positive first-quarter earnings
outlook for the chipmaker.
"The price of personal computer (PC) D-RAM chips has
exceeded expectations, adding roughly 100 billion won ($91.72
million) to (SK Hynix's) inventory value and more than doubling
first-quarter operating profits from initial forecasts to about
260 billion won," said Jin Sung-hye, an analyst at KTB
Investment & Securities.
($1 = 1090.3000 Korean won)
(Reporting by Joyce Lee; Editing by Anand Basu)