SEOUL, Sept. 28 (Yonhap) -- South Korean shares extended losses late Monday morning as investors locked in profits from large-cap tech shares.
The benchmark Korea Composite Stock Price Index (KOSPI) shed 167.51 points, or 2.37 percent, to 6,913.41 as of 11:20 a.m.
After opening 0.33 percent lower, the index came under a heavy selling-spree by foreigners and institutions.
Investors are digesting a series of factors, such as rising bond yields and murky prospects for the Middle East crisis.
Most market heavyweights were trading lower.
Top-cap Samsung Electronics shed 4.29 percent, while rival SK hynix declined 4.73 percent.
SK Square, the parent company of SK hynix, shed 7.23 percent. Samsung Electro-Mechanics, an electronics component affiliate of Samsung Electronics, decreased 0.8 percent after opening higher.
The Korean won was trading at 1,361.2 won against the U.S. dollar as of 11:20 a.m., down 4.2 won against the U.S. dollar compared to the close of the previous stock market session.
Financial data is displayed on a screen at Hana Bank's dealing room in central Seoul on Sept. 28, 2026. (Yonhap)
khj@yna.co.kr
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