At the Hana Bank headquarters in Seoul, a digital display of the Korea Composite Stock Price Index showed that South Korean stocks opened with minimal change on Monday as investors took profits after recent gains, in the midst of reduced concerns about a potential recession in the United States. In the initial 15 minutes of trading, the benchmark Korea Composite Stock Price Index (Kospi) declined by 0.58 points, or 0.02 percent, to 2,696.65. This followed a significant drop on August 5 when Seoul shares experienced their largest decline to almost a nine-month low, closing at 2,441.55 amidst growing apprehensions about a US economic slowdown. Since then, there has been a gradual resurgence in Seoul shares as investors have re-engaged in bargain hunting, supported by important US economic indicators, including the consumer price index, which suggested a potential Federal Reserve rate cut. Noteworthy movements in stock prices included a 2 percent decrease for leading tech company Samsung Electronics and a 1.75 percent decrease for second-ranked chipmaker SK hynix. On the other hand, the top carmaker Hyundai Motors saw a 1.57 percent increase, while its affiliate Kia rose by 0.28 percent. Financial firms predominantly saw upward movements, with KB Financial rising by 2.14 percent, Shinhan Financial climbing by 1.8 percent, and Samsung Life Insurance increasing by 2.95 percent. As for the local currency, it was trading at 1,349.2 won against the US dollar, marking an 8.4 increase from the previous session's close.