Stocks open lower on first trading day of 2024

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Stocks open lower on first trading day of 2024

  • 기자 사진
  • KIM JU-YEON
Screens in Hana Bank's trading room in central Seoul show stock and foreign exchange markets open on Tuesday. [NEWS1]

Screens in Hana Bank's trading room in central Seoul show stock and foreign exchange markets open on Tuesday. [NEWS1]

Shares opened lower Tuesday, the first trading day of the year, after U.S. stocks closed down last week.
 
The Kospi fell 7.74 points, or 0.29 percent, to 2,647.54 in the first 15 minutes of trading.
 
The stock market opened one hour late at 10:00 a.m. due to the main bourse's trade opening event.
 
Auto, airline and energy stocks led declines.
 
Automaker Hyundai Motor fell 1.2 percent, and auto parts maker Hyundai Mobis declined 0.8 percent.
 
Korean Air dropped 1.1 percent, while car battery maker LG Energy Solution shed 0.2 percent.
 
State utility Korea Electric Power Corporation was down 0.6 percent.
 
Among gainers, Samsung Electronics rose 0.4 percent, and shipbuilder Samsung Heavy Industries climbed 0.7 percent.
 
Shipping firm HMM jumped 4.2 percent, and the country's sole aircraft manufacturer, Korea Aerospace Industries, was up 2.4 percent.
 
The local currency was trading at 1,292.65 won against the dollar, up 4.65 won from the previous session's close.

BY KIM JU-YEON, YONHAP [kim.juyeon2@joongang.co.kr]
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