Seoul shares opened lower Wednesday, tracking overnight losses on Wall Street as investors reassessed the next phase of artificial intelligence trade. The benchmark KOSPI fell 1.41 percent to 7,548.13 as of 9:15 a.m.
The KOSPI opened 2.7 percent lower at 7,452.48 before paring losses. Overnight, the Dow Jones Industrial Average fell 0.25 percent, while the tech-heavy Nasdaq Composite declined 1.16 percent.
Samsung Electronics fell 1.69 percent and SK hynix declined 0.95 percent. Hyundai Motor dropped 3.2 percent and Hanwha Ocean plunged 5.46 percent. LG Electronics rose 1.06 percent and LG Display climbed 5.33 percent.
The Korean won traded at 1,518.65 won against the U.S. dollar as of 9:15 a.m., down 2.85 won from the previous session.
