Japan, South Korea Stocks Open Lower; Kospi Falls Over 1%, Nikkei 225 Drops 1% as SK Hynix Gains 1%
TradingKey - On August 21, Japanese and South Korean stock markets opened weaker as market risk appetite cooled, weighed down by overnight losses in US equities and inflation concerns stemming from rising oil prices. South Korea's KOSPI Index opened 1.35% lower at 6,759.95 before narrowing its decline to 1.12% at 6,775.63; Japan's Nikkei 225 Index (JPN225) opened down 1.11% at 65,484.91, with the loss subsequently narrowing to 0.84% at 65,663.18.
TradingKeyFri, Aug 21