Kospi opens lower after 5-day record-breaking rally

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Published: 22 Oct. 2025, 09:49

A screen in Hana Bank's trading room in central Seoul shows the Kospi opening on Oct. 22. [YONHAP]

Shares opened lower Wednesday, following a five-day streak of record-setting gains.

The Kospi went down 8.66 points, or 0.23 percent, to 3,815.18 in the first 15 minutes of choppy trading.

U.S. shares ended mixed Tuesday. The S&P 500 inched up less than 0.01 percent and the Dow Jones Industrial Average added 218 points, while the tech-heavy Nasdaq composite slipped 0.16 percent.

In Seoul, large-cap shares traded mixed.

Chip giant Samsung Electronics went down 0.82 percent and rival SK hynix lost 1.15 percent.

In contrast, defense giant Hanwha Aerospace went up 2.77 percent and leading battery maker LG Energy Solution increased 3.09 percent.

The local currency was trading at 1,431.9 won against the greenback as of 9:15 a.m., up 0.29 percent from the previous session's close of 1,427.75 won.

Yonhap