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
Man convicted after binge eating to avoid military service
-
4
First snow to fall in Seoul on Wednesday
-
5
Industry experts predicts tough choices as NewJeans' ultimatum nears
-
6
Final push to forge UN treaty on plastic pollution set to begin in Busan
-
7
Nvidia CEO signals Samsung’s imminent shipment of AI chips
-
8
Korea to hold own memorial for forced labor victims, boycotting Japan’s
-
9
Opposition chief acquitted of instigating perjury
-
10
Job creation lowest on record among under-30s
South Korean stocks traded 0.37 percent higher late Monday morning following the U.S. Federal Reserve's decision to keep its current bond-purchasing program in place, analysts said.
The benchmark Korea Composite Stock Price Index (KOSPI) gained 7.45 points to 2,013.03 as of 11:20 a.m.
Shipbuilders traded higher, with Hyundai Heavy Industries rising 2.5 percent and Samsung Heavy Industries moving up 2.47 percent. Top auto parts maker Hyundai Mobis gained 1.71 percent.
Builders also traded bullish, with Hyundai Engineering & Construction adding 0.77 percent and Daelim Industrial climbing 0.98 percent. Daewoo Engineering & Construction advanced 2.76 percent.
The local currency was changing hands at 1,075.35 won against the greenback as of 11:20 a.m., up 8.75 won from Tuesday's close.
The Seoul bourse has been closed for three days since Wednesday for the Chuseok holiday, the national harvest celebration. (Yonhap news)
