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Seoul Stocks Open Lower on Tariff Risk, Jackson Hole Caution

Investors weighed concerns over potential new U.S. semiconductor import tariffs ahead of the Jackson Hole policy gathering.

Officials work at a dealing room of Hana Bank in Seoul on Aug. 18, 2025. (Yonhap)
A dealing room at Hana Bank in downtown Seoul on Aug. 19, 2025 (Yonhap)
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Overview

  • The KOSPI slipped 0.23% to 3,169.9 in the first 15 minutes Tuesday, following a tech-led early drop the prior session.
  • Samsung Electronics rose 0.29% and SK hynix gained 0.28%, while Hanwha Aerospace fell 1.46% and KB Financial eased 0.09%.
  • LG Energy Solution edged up 0.13% as automakers were mostly steady, with Hyundai Motor down 0.35% and Kia unchanged.
  • The won traded at 1,388.55 per U.S. dollar at 9:15 a.m., down 3.55 won from the previous close.
  • U.S. stocks closed mixed on concerns about possible new semiconductor import tariffs, a cue local investors are watching as the Federal Reserve's Jackson Hole symposium approaches.