The Korea Composite Stock Price Index (KOSPI) displayed on an electronic board at Hana Bank headquarters in Seoul indicated a lower opening for South Korean stocks on Wednesday, driven by declines in technology and insurance sectors. In the initial 15 minutes of trading, the KOSPI dropped by 13.59 points, or 0.5 percent, reaching 2,710.59. Notably, Samsung Electronics and LG Electronics experienced decreases of 1.28 percent and 0.62 percent, respectively, while insurance firms such as Samsung Life Insurance and Samsung Fire & Marine Insurance also recorded notable losses. On the other hand, chemical companies showed gains, with Amorepacific and LG Household & Health Care climbing by 0.43 percent and 0.89 percent, respectively. Additionally, the local currency was observed trading at 1,364 won against the US dollar, a decrease of 0.7 won from the previous session's close. Overall, the KOSPI's lower opening stemmed from technology and insurance stocks' losses, while chemical firms demonstrated a positive start, and the local currency weakened against the US dollar.