Most Popular
-
1
Actor Jung Woo-sung admits to being father of model Moon Ga-bi’s child
-
2
Wealthy parents ditch Korean passports to get kids into international school
-
3
First snow to fall in Seoul on Wednesday
-
4
Trump picks ex-N. Korea policy official as his principal deputy national security adviser
-
5
Man convicted after binge eating to avoid military service
-
6
Final push to forge UN treaty on plastic pollution set to begin in Busan
-
7
S. Korea not to attend Sado mine memorial: foreign ministry
-
8
Korea to hold own memorial for forced labor victims, boycotting Japan’s
-
9
Nvidia CEO signals Samsung’s imminent shipment of AI chips
-
10
Toxins at 622 times legal limit found in kids' clothes from Chinese platforms
South Korean stocks finished higher Friday after a choppy session as investors await the comments from the chief of the US Federal Reserve about its tapering timeline.
The Korean won rose against the US dollar.
The benchmark Korea Composite Stock Price Index (KOSPI) increased 5.37 points, or 0.17 percent, to close at 3,133.9 points.
Trading volume was low at about 512 million shares worth some 10.9 trillion won ($9.3 billion), with gainers outnumbering losers 586 to 259.
Foreigners sold a net 371 billion won, while institutions bought 732 billion won. Retail investors offloaded a net 344 billion won.
Volatility remained high in the local stock market as the key Fed meeting approaches. Fed Chairman Jerome Powell is scheduled to deliver his remarks virtually Friday morning (US time) at the Fed's annual Jackson Hole gathering.
"Investors seem to be in their wait-and-see mode for Powell's hints at the Jackson Hole meeting," Meritz Securities analyst Lee Jin-woo said.
Most large caps closed lower in Seoul.
Market bellwether Samsung Electronics lost 0.4 percent to 74,300 won, and No. 2 chipmaker SK hynix retreated 0.48 percent to 103,500 won.
Internet portal operator Naver moved down 0.83 percent to 420,000 won, and giant pharmaceutical firm Samsung Biologics shed 0.73 percent to 947,000 won.
Top automaker Hyundai Motor fell 0.71 percent to 208,500 won, with leading chemical firm LG Chem slumping 0.63 percent to 783,000 won. Top bank stock Kakao Bank gained 0.48 percent to 83,800 won.
The local currency closed at 1,169.2 won against the US dollar, up 1.3 won from the previous session's close. (Yonhap)
The Korean won rose against the US dollar.
The benchmark Korea Composite Stock Price Index (KOSPI) increased 5.37 points, or 0.17 percent, to close at 3,133.9 points.
Trading volume was low at about 512 million shares worth some 10.9 trillion won ($9.3 billion), with gainers outnumbering losers 586 to 259.
Foreigners sold a net 371 billion won, while institutions bought 732 billion won. Retail investors offloaded a net 344 billion won.
Volatility remained high in the local stock market as the key Fed meeting approaches. Fed Chairman Jerome Powell is scheduled to deliver his remarks virtually Friday morning (US time) at the Fed's annual Jackson Hole gathering.
"Investors seem to be in their wait-and-see mode for Powell's hints at the Jackson Hole meeting," Meritz Securities analyst Lee Jin-woo said.
Most large caps closed lower in Seoul.
Market bellwether Samsung Electronics lost 0.4 percent to 74,300 won, and No. 2 chipmaker SK hynix retreated 0.48 percent to 103,500 won.
Internet portal operator Naver moved down 0.83 percent to 420,000 won, and giant pharmaceutical firm Samsung Biologics shed 0.73 percent to 947,000 won.
Top automaker Hyundai Motor fell 0.71 percent to 208,500 won, with leading chemical firm LG Chem slumping 0.63 percent to 783,000 won. Top bank stock Kakao Bank gained 0.48 percent to 83,800 won.
The local currency closed at 1,169.2 won against the US dollar, up 1.3 won from the previous session's close. (Yonhap)
![[More than APT] Residents, architects together design homes](http://res.heraldm.com/phpwas/restmb_idxmake.php?idx=652&simg=/content/image/2024/11/24/20241124050036_0.jpg&u=)
