{"id":219113,"date":"2025-10-23T01:01:44","date_gmt":"2025-10-23T01:01:44","guid":{"rendered":"https:\/\/www.newsbeep.com\/uk\/219113\/"},"modified":"2025-10-23T01:01:44","modified_gmt":"2025-10-23T01:01:44","slug":"seoul-shares-open-sharply-lower-on-profit-taking-after-record-rally","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/uk\/219113\/","title":{"rendered":"Seoul shares open sharply lower on profit-taking after record rally"},"content":{"rendered":"<p>       <img decoding=\"async\" src=\"https:\/\/www.newsbeep.com\/uk\/wp-content\/uploads\/2025\/10\/news-p.v1.20251023.9c69f224e1b648309e0805256f55bf12_P1.jpg\" alt=\"An electronic board showing the Korea Composite Stock Price Index at a dealing room of the Hana Bank headquarters in Seoul on Thursday. (Yonhap)\"\/>     An electronic board showing the Korea Composite Stock Price Index at a dealing room of the Hana Bank headquarters in Seoul on Thursday. (Yonhap)  <\/p>\n<p>South Korean stocks opened sharply lower Thursday, tracking overnight losses on Wall Street, after a six-day streak of record gains in the local market.<\/p>\n<p>The benchmark Korea Composite Stock Price Index decreased 49.55 points, or 1.28 percent, to 3,834.13 in the first 15 minutes of choppy trading.<\/p>\n<p>All three major US stock indexes extended their losses Wednesday after disappointing earnings reports. The S&amp;P 500 sank 0.5 percent, the Dow Jones Industrial Average dropped 334 points, and the Nasdaq composite fell 0.9 percent.<\/p>\n<p>In Seoul, large-cap shares fell.<\/p>\n<p>Chip giant Samsung Electronics went down 1.93 percent, and rival SK hynix lost 1.66 percent.<\/p>\n<p>Leading battery maker LG Energy Solution decreased 1.43 percent, and top bio firm Samsung Biologics shed 0.77 percent.<\/p>\n<p>The local currency was trading at 1,433.45 won against the greenback as of 9:15 a.m., down 3.65 won from the previous session&#8217;s close. (Yonhap)<\/p>\n","protected":false},"excerpt":{"rendered":"An electronic board showing the Korea Composite Stock Price Index at a dealing room of the Hana Bank&hellip;\n","protected":false},"author":2,"featured_media":219114,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[12],"tags":[6703,84,6704,6700,6699,6705,467,6701,6702,6698,56,54,55,6707,6708,6706],"class_list":["post-219113","post","type-post","status-publish","format-standard","has-post-thumbnail","category-markets","tag-asia-news","tag-business","tag-k-pop","tag-koreaherald","tag-korean-news","tag-kpop","tag-markets","tag-south-korea-news","tag-south-korea-news-in-english","tag-the-korea-herald","tag-uk","tag-united-kingdom","tag-unitedkingdom","tag-6707","tag-6708","tag-6706"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/219113","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/comments?post=219113"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/219113\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media\/219114"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media?parent=219113"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/categories?post=219113"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/tags?post=219113"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}