Seoul stocks close over 3 pct lower amid Samsung's shareholder return plan

Seoul stocks closed sharply lower Monday as disappointment over Samsung Electronics' shareholder return plan triggered a sell-off in semiconductors. The Korean won rose against the US dollar. The benchmark Korea Composite Stock Price Index (Kospi) dipped 215.99 points, or 3.12 percent, to 6,696.96. After opening lower,

Nvidia is due to report earnings on Wednesday, and “a very broad universe of companies” is tied to the themes that the chip giant represents.