Kospi Slips Ahead of Nvidia Earnings
Stocks in South Korea opened lower on Monday as investors took profits from large-cap chip stocks ahead of Nvidia's earnings release. The Kospi index fell by 0.73%, or 50.77 points, to 6,862.18 in the first minute of trading.
This decline came after the Kospi closed above 6,900 points on Friday, but investors locked in gains from chip stocks as they wait for Nvidia's earnings release to gauge the future direction of the AI market.