Seoul shares trimmed earlier gains late Wednesday morning as financial shares fell sharply.After opening more than 0.5 percent higher, the benchmark Korea Composite Stock Price Index (KOSPI) had added 0.14 percent, or 3.69 points, to 2,646.47 as of 11:20 a.m.Financial shares limited the KOSPI's rise as the Korea Exchange's value-up index to be launched next week did not include financial groups.KB Financial slid 3.66 percent, and Shinhan Financial dropped 2.84 percent.Trading firm Samsung C and T and Samsung Life Insurance also plunged 4.98 percent and 5.31 percent, respectively.Home appliances maker LG Electronics also shot down 4.58 percent.On the other hand, tech behemoth Samsung Electronics and its chipmaking rival SK hynix advanced 1.11 percent and 2.51 percent, respectively, to reflect overnight tech gains on Wall Street.Top chemical producer LG Chem also jumped 3.47 percent.The local currency was trading at 1,328.20 won against the U.S. dollar, up 6.7 won from the previous session.S ource: Yonhap News Agency

Recent Posts
Kuai Kuai Workers Reach Compensation Deal to End Strike
October 6, 2026
Magnitude 4.5 Earthquake Hits Off the Coast of Southern Taiwan
October 6, 2026
Taiwan Stock Market Starts Strong on Tuesday
October 6, 2026
Taiwan Stock Market Ends with Modest Gains
October 6, 2026
Taiwan Stock Market Reaches New High Amid Investor Caution
October 6, 2026