Seoul: South Korean stocks opened lower Thursday on concerns over a shift in U.S. trade and economic policies following former U.S. President Donald Trump's comeback. The benchmark Korea Composite Stock Price Index lost 8.27 points, or 0.32 percent, to 2,555.24 in the first 15 minutes of trading.According to Yonhap News Agency, overnight, major U.S. indexes closed at record highs after Trump won the 2024 U.S. presidential election as investors expected lower taxes and deregulation. The Dow Jones Industrial Average jumped 3.5 percent, and the Nasdaq Composite gained 2.95 percent.In Seoul, however, major shares started in negative territory. Top carmaker Hyundai Motor declined 0.73 percent, and its sister Kia also dipped 1.68 percent. Leading battery maker LG Energy Solution fell 2.05 percent, and No. 1 oil refinery SK Innovation sank 3.01 percent.But tech giant Samsung Electronics added 0.35 percent, and its chipmaking rival SK hynix gained 0.46 percent. The local currency was trading at 1,399.3 won aga inst the U.S. dollar, down 3.1 won from the previous session.
- October 12, 2026
