Seoul shares open higher on US gains
Seoul shares opened higher Thursday, tracking overnight gains on Wall Street, boosted by dovish comments on interest rates by Federal Reserve officials.
The benchmark Korea Composite Stock Price Index rose 18.59 points, or 0.8 percent, to 2,468.67 in the first 15 minutes of trading.
Overnight, the Dow Jones Industrial Average rose 0.2 percent to 33,804.87, and the tech-heavy Nasdaq Composite gained 0.7 percent to 13,659.68.
Fed officials said the US central bank doesn't need to keep tightening as rates are near their peak and it needs to take a wait-and-see approach before raising rates further.
In Seoul, large-cap stocks were mixed across the board.
Market bellwether Samsung Electronics Co. rose 1.6 percent, No. 2 chipmaker SK hynix Inc. climbed 2.1 percent, leading car battery maker LG Energy Solution gained 1.2 percent and national flag carrier Korean Air Co. was up 0.7 percent.
Among decliners, top carmaker Hyundai Motor Co. fell 0.6 percent, No. 3 refiner S-Oil Corp. declined 1.5 percent and the country's sole aircraft manufacturer Korea Aerospace Industries Co. shed 0.4 percent.
The local currency was trading at 1,339.75 won against the US dollar at 9:15 a.m., down 1.05 won from the previous session's close. (Yonhap)
(责任编辑:패션)
- ·Reeling from election loss, ruling party picks new leader posts
- ·4th Global Biz Forum kicks off to discuss 'next prosperity'
- ·카메라 찍힌 김여정 960만원 '디올 백'…그 자체가 北인권 참상
- ·[Today’s K
- ·Yoon, doctors set to clash over medical school quota
- ·Major Korean firms fare worse than US counterparts in H1
- ·Yoon's approval rating edges up after 6
- ·KB chief hopes successor transforms group into 'Samsung of finance'
- ·[Herald Interview] Netflix's ‘Devil’s Plan’ expands realm of survival game shows
- ·[Korea Beyond Korea] Early Koreanists on verge of extinction overseas
- ·Beef prices have soared 100
- ·KFCC hosts UN conference for inclusive finance
- ·Breadwinners in their 60s or above double in 9 years
- ·[Herald Interview] Mimiirose hopes to make a name for itself
- ·윤 대통령 “국민소통·현장소통·당정소통 강화하라”
- ·NK slams Yoon's warning against Pyongyang
- ·KB chief hopes successor transforms group into 'Samsung of finance'
- ·N. Korea scheduled to hold key parliamentary meeting following Kim
- ·[Top Envoy] Russian satellite help not likely priority for North Korea: Chun
- ·Govt. to survey spending on private education of preschoolers, Suneung retakers