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‘Korea crossed the line too far’ disgraced singer’s lawyer cries foul after 3rd visa denial
Seoul shares trading flat ahead of Fed meeting results
By Korea HeraldPublished : March 16, 2016 - 12:04
The benchmark Korea Composite Stock Price Index gained 3.91 points, or 0.2 percent, to 1,973.88 in the first 15 minutes of trading. As of 12:04 p.m., it was trading 0.19 percent higher at 1973.67 points.
Overnight, the Dow Jones industrial average ended 0.13 percent higher at 17,251.53, while the tech-heavy Nasdaq fell 0.45 percent to 4,728.67.
Analysts said it was unlikely for the FOMC not to hike rates, but that investors are eager for fresh clues on the Fed’s future monetary policies.
Techs and automobiles led gains, while shipbuilders and steelmakers were in negative terrain.
The Korean currency was trading at 1,194.05 won against the U.S. dollar, down 6.35 won from Tuesday’s close.
(khnews@heraldcorp.com)
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Articles by Korea Herald
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