South Korean Stocks Fall 5.1%

Dow Jones08-03

This article was automatically generated by Dow Jones using technology from Automated Insights.

Stocks in South Korea dropped Monday, as the Kospi Composite Index dropped 5.1% to 6257.45.

Among local companies with a market cap of at least 10 trillion South Korean won ($6.99 billion), SK hynix was the biggest laggard, tumbling 8.8%, followed by shares of Samsung Electronics, which tumbled 8.8%. Shares of Samsung Life Insurance tumbled 7.7%.

Doosan was the biggest leader during the session, surging 5.8%, and APR jumped 5.6%. Hyundai Mobis rounded out the top three movers, as shares added 3.7%.

In other parts of Asia, stock indexes were mixed. Hong Kong's Hang Seng Index added 0.5%, China's Shanghai Composite Index fell 0.6% and Japan's Nikkei Stock Average fell 0.9%.

On the currency front, the WSJ Dollar Index held steady at 96.10. The dollar weakened 0.9% against the won to 1,430.54 won.

In the bond markets, the 10-year South Korean government bond yield rose 0.5 basis point to 4.275%.

Data source: Dow Jones Market Data, FactSet

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