On the 29th, the Korea Composite Stock Price Index (KOSPI) opened lower with a 1% decline. Samsung Electronics, which announced a large-scale order the previous day, is also down more than 1%.

The 25th, Hana Bank headquarters in Jung-gu, Seoul. /Courtesy of Yonhap News Agency

As of 9:05 a.m. on this day, the KOSPI index recorded 3,176.74, down 32.78 points (1.02%) from the previous trading day. The KOSPI opened at 3,192.17, falling 0.54% from the previous day.

In the securities market, foreigners and institutions are selling off 21.79 billion won and 16.58 billion won, respectively. Individuals are buying 40.26 billion won.

The KOSDAQ index is currently down 5.64 points (0.7%) at 798.76. In the KOSDAQ market, foreigners and institutions are net selling 9.37 billion won and 1.61 billion won, respectively, while individuals are net buying 12.75 billion won.

The New York Stock Exchange closed mixed, despite the signing of a trade agreement between the United States and the European Union (EU), amid caution over the Federal Reserve's (Fed) interest rate decision.

On the 28th (local time), the Dow Jones Industrial Average closed at 40,837.56, down 64.36 points (0.14%) from the previous trading day.

The S&P 500 index, centered on large-cap stocks, rose 1.13 points (0.02%) to 6,389.77, while the Nasdaq index, focused on technology stocks, increased by 70.27 points (0.33%) to a historic high of 21,178.58.

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