Seoul's stock market started the day with a decline, as investors sought to capitalize on recent gains despite positive movement on Wall Street. The Korea Composite Stock Price Index dropped by 0.08 percent in the early minutes of trading, with tech and automotive sectors leading the overall market downturn. Major companies like Samsung Electronics and Hyundai Motor experienced losses, while financial shares also saw a decrease. However, SK Innovation saw a significant 3.18 percent increase ahead of discussions about a potential merger, and shipbuilders like Samsung Heavy Industries and Hyundai Heavy Industries experienced strong trading, with notable gains. On the currency front, the local currency was trading at 1,385.15 won against the US dollar, marking a slight increase from the previous session. The overall market sentiment was influenced by a mix of factors, including overnight gains on Wall Street driven by expectations of a Federal Reserve rate cut, but also impacted by specific company developments and sector performances. Overall, the Seoul stock market faced selling pressure at the open, despite positive movements in certain sectors and the broader global market context.