[Photo] Kospi Opens 5% Lower at the Open
![[Photo] Kospi Opens 5% Lower at the Open](http://www.asiae.co.kr/news/img_view.htm?img=2026101509284861538_1792024127.jpg)
On Oct. 15, a display board in the dealing room at Hana Bank headquarters in Jung-gu, Seoul, showed the Kospi and share prices of Samsung Electronics and SK hynix. The New York stock market's three major indexes closed mixed amid rising international oil prices as tensions in the Middle East escalated and reports of technological advances by Chinese memory chipmakers. The Kospi, however, opened lower after semiconductor shares, including those of Samsung Electronics and SK hynix, plunged. It opened at 5,673.01, down 335.8 points (5.59%) from the previous day's close of 6,008.81.
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