A screen in Hana Bank's trading room in central Seoul shows the Kospi opening at 8,623.82 on June 4, down 177.67 points, or 2.02 percent, from the previous session. The Kosdaq opened at 1,035.08, up 9.05 points, or 0.88 percent, and the won weakened past 1,530 to the dollar at one point during the session. [YONHAP]
Shares opened sharply lower Thursday, tracking overnight losses on Wall Street caused by uncertainty over negotiations between the United States and Iran to end their war in the Middle East.
After starting 2.02 percent lower, the benchmark Kospi lost 180.03 points, or 2.05 percent, to 8,621.46 as of 9:15 a.m.
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The Kospi closed at an all-time high of 8,801.49 on Tuesday. The local stock market was closed Wednesday for the election.
