SEOUL - The Korea Composite Stock Price Index (KOSPI) opened lower on Tuesday, with investors taking profits following recent gains. The index fell 9.74 points, or 0.36 percent, to 2,670.52 within the first 15 minutes of trading, after experiencing a surge of more than 1 percent in the previous sessions due to robust foreign buying.
According to Yonhap News Agency, Market leaders across various industries saw declines in early trading. Samsung Electronics, the top memory chipmaker, saw a decrease of 0.41 percent, while LG Energy Solution, a leading battery manufacturer, dropped 0.5 percent. Hyundai Motor, the foremost carmaker, fell 0.79 percent, and KB Financial Group, a major banking entity, declined by 0.93 percent. The South Korean won also weakened against the U.S. dollar, trading at 1,337.7, down 2.5 won from the close of the previous session.