South Korean Stocks Decline 4.5% in Early Trading

Dow Jones08:31

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

Stocks in South Korea fell during early trading Monday, as the Kospi Composite Index dropped 4.5% to 6297.63.

Among local companies with a market cap of at least 10 trillion South Korean won ($6.98 billion), Ecopro BM is the biggest early laggard, plunging 12%, followed by shares of Ecopro, which plunged 7.5%. Shares of Hanmi Semiconductor plunged 7.3%.

SK Telecom is the biggest leader this morning, adding 3.7%, and Hyosung Heavy Industries added 3.4%. APR rounds out the top three movers, as shares increased 2.8%.

The dollar weakened 0.7% against the won to 1,433.15 won.

In the bond markets, the 10-year South Korean government bond yield held steady at 4.270%.

Data source: Dow Jones Market Data, FactSet

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