South Korean market opens lower due to selling by foreign investors

(21 Apr 2025)
RESTRICTION SUMMARY:

ASSOCIATED PRESS
Seoul, South Korea – 21 April 2025
1. Hana Bank dealing room floor
2. Various of screen showing KOSPI
3. Various of traders
4. Various of screens showing KOSPI
5. Hana Bank dealing room floor
STORYLINE:
South Korean shares opened slightly lower on Monday morning due to reported selling by foreign investors.

At around 10:20am, Seoul’s benchmark Korea Composite Stock Price Index (KOSPI) was at 2480.50, which was 0.12% lower than Friday’s close.

US President Donald Trump’s trade war remains a source of deep uncertainty across the financial world.

Economists worry his use of sharp tariff hikes could cause a recession if fully implemented and left in place for a while.

AP video shot by Yong Jun Chang

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