Seoul shares open higher on US gains; Israel
Seoul shares opened higher Tuesday, tracking gains on Wall Street, after Federal Reserve officials made dovish comments on rates, with investors assessing uncertainties over the Israel-Palestine conflict.
The benchmark Korea Composite Stock Price Index rose 33.18 points, or 1.38 percent, to 2,441.91 in the first 15 minutes of trading.
Overnight, the Dow Jones Industrial Average rose 0.6 percent to 33,604,65, and the tech-heavy NASDAQ Composite gained 0.4 percent to 13,484.24.
Traders have expected another rate hike this year due to higher-than-expected U.S. employment data in September, but the U.S. central bank said the odds for further tightening have dropped dramatically amid the Israel-Palestine conflict.
In Seoul, most large-cap stocks advanced.
Market bellwether Samsung Electronics Co. rose 2.3 percent, No. 2 chipmaker SK hynix Inc. climbed 2.7 percent, leading wireless services provider SK Telecom Co. jumped 3.8 percent, No. 1 auto parts maker Hyundai Mobis Co. gained 1.7 percent, and leading car battery maker LG Energy Solution was up 1 percent.
Among decliners, the country's national flag carrier Korean Air Co. fell 1.4 percent; KG Mobility, formerly known as SsangYong Motor Co., declined 1.2 percent; and leading cosmetics firm AmorePacific Corp. shed 0.5 percent.
The local currency was trading at 1,345.25 won against the U.S. dollar at 9:15 a.m., up 4.65 won from the previous session's close. (Yonhap)
(责任编辑:부동산)
- ·탄약 찾는 러…국방부 "北컨테이너 적재량, 포탄 수십만발 분량"
- ·Tving streams 2023 MTV VMAs
- ·[Today’s K
- ·NCT Dream to perform on 2023 iHeartRadio Jingle Ball Tour
- ·Gimbap and hanja cramming: Life of Korean Studies students in Paris
- ·Long Chuseok holiday to boost domestic trips
- ·민주당 "영장 기각은 사필귀정…尹 머리 숙여 사죄하라"
- ·[Korea Beyond Korea] ‘More cross
- ·Reeling from election loss, ruling party picks new leader posts
- ·Swimmer, gamers celebrate Chuseok with gold medals
- ·Number of deaths in cycling accidents soars
- ·Inflation driving up costs to eat out
- ·Lotte increases efforts to give back to society
- ·S. Korea picks up 1st gold in roller skating
- ·[Herald Interview] Netflix's ‘Devil’s Plan’ expands realm of survival game shows
- ·Traffic heavy on expressways following Chuseok
- ·Chuseok’s celestial journey: Best spots for full moon gazing in Seoul
- ·Traffic jam expected to ease late Thursday, 1st day of Chuseok holiday
- ·Yoon, doctors set to clash over medical school quota
- ·S. Korea to extend $5 mil worth of fertilizer aid to Ukraine via U.S. agency