{"id":76503,"date":"2026-02-04T21:49:06","date_gmt":"2026-02-05T00:49:06","guid":{"rendered":"https:\/\/tech.einnews.com\/article\/889478887"},"modified":"2026-02-04T21:49:06","modified_gmt":"2026-02-05T00:49:06","slug":"seoul-stocks-open-sharply-lower-on-u-s-tech-drop","status":"publish","type":"post","link":"https:\/\/new7.shop\/zerocostfreehost\/index.php\/2026\/02\/04\/seoul-stocks-open-sharply-lower-on-u-s-tech-drop\/","title":{"rendered":"Seoul stocks open sharply lower on U.S. tech drop"},"content":{"rendered":"

SEOUL, Feb. 5 (Yonhap) — South Korean stocks opened sharply lower Thursday, reflecting tech giants’ tumble on Wall Street caused by continued woes over their high valuation.<\/p>\n

The benchmark Korea Composite Stock Price Index (KOSPI) shed 72.71 points, or 1.35 percent, to 5,298.39 in the first 15 minutes of trading, dropping from an all-time high of over 5,300 points reached the previous day.<\/p>\n

Overnight, the tech-heavy Nasdaq composite dipped 1.51 percent and the S&P 500 lost 0.51 percent as U.S. investors paced up their selling of blue-chip tech shares, such of the Magnificent Seven companies, amid valuation woes. <\/p>\n

In Seoul, large cap shares kicked off mixed.<\/p>\n

Semiconductor heavyweights Samsung Electronics and SK hynix tumbled 3.08 percent and 3.78 percent, respectively, directly affected by the U.S. tech slide.<\/p>\n

Defense giant Hanwha Aerospace slid 3.63 percent and artificial intelligence (AI) investment firm SK Square dipped 3.87 percent.<\/p>\n

Power plant manufacturer Doosan Enerbility lost 1.76 percent and major shipbuilder HD Hyundai Heavy went down 1.03 percent.<\/p>\n

On the other hand, leading battery maker LG Energy Solution gained 1.24 percent.<\/p>\n

Automakers also started strong, with Hyundai Motor up 0.79 percent and Kia adding 2.36 percent.<\/p>\n

The Korean won was trading at 1,461.8 won against the U.S. dollar as of 9:15 a.m., down 11.6 won from the previous session’s close.<\/p>\n

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\n\"A<\/span>\n<\/div>
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A dealing room at Hana Bank in central Seoul on Feb. 5, 2026 (Yonhap)<\/p>\n<\/figcaption><\/figure>\n<\/div>\n

nyway@yna.co.kr
(END)<\/p>\n

<\/a><\/strong> <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

… opened sharply lower Thursday, reflecting tech<\/span> giants' tumble on Wall … the previous day. Overnight, the tech<\/span>-heavy Nasdaq composite dipped 1 … their selling of blue-chip tech<\/span> shares, such of the … affected by the U.S. tech<\/span> slide. Defense giant Hanwha …<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"","fifu_image_alt":"","footnotes":""},"categories":[1],"tags":[],"class_list":["post-76503","post","type-post","status-publish","format-standard","hentry","category-news","wpcat-1-id"],"_links":{"self":[{"href":"https:\/\/new7.shop\/zerocostfreehost\/index.php\/wp-json\/wp\/v2\/posts\/76503","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/new7.shop\/zerocostfreehost\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/new7.shop\/zerocostfreehost\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/new7.shop\/zerocostfreehost\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/new7.shop\/zerocostfreehost\/index.php\/wp-json\/wp\/v2\/comments?post=76503"}],"version-history":[{"count":0,"href":"https:\/\/new7.shop\/zerocostfreehost\/index.php\/wp-json\/wp\/v2\/posts\/76503\/revisions"}],"wp:attachment":[{"href":"https:\/\/new7.shop\/zerocostfreehost\/index.php\/wp-json\/wp\/v2\/media?parent=76503"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/new7.shop\/zerocostfreehost\/index.php\/wp-json\/wp\/v2\/categories?post=76503"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/new7.shop\/zerocostfreehost\/index.php\/wp-json\/wp\/v2\/tags?post=76503"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}