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
Final push to forge UN treaty on plastic pollution set to begin in Busan
-
6
Korea to hold own memorial for forced labor victims, boycotting Japan’s
-
7
Nvidia CEO signals Samsung’s imminent shipment of AI chips
-
8
Industry experts predicts tough choices as NewJeans' ultimatum nears
-
9
Job creation lowest on record among under-30s
-
10
Opposition chief acquitted of instigating perjury
[THE INVESTOR] South Korean stocks traded sharply higher late morning July 11 as investors were boosted by better-than-expected US jobs data, analysts said.
The benchmark Korea Composite Stock Price Index increased 23.53 points, or 1.2 percent, to 1,986.63 as of 11:20 a.m.
The world’s largest economy announced that it created 287,000 new jobs in June, the most since October.
Market bellwether Samsung Electronics jumped 2.6 percent, while top automaker Hyundai Motor inched up 0.38 percent.
Korea Electric Power Corp., the state-run power provider, also gained 0.84 percent.
The local currency was changing hands at 1,149.00 won against the US dollar, up 107 won from the previous session’s close.
(theinvestor@heraldcorp.com)
The benchmark Korea Composite Stock Price Index increased 23.53 points, or 1.2 percent, to 1,986.63 as of 11:20 a.m.
The world’s largest economy announced that it created 287,000 new jobs in June, the most since October.
Market bellwether Samsung Electronics jumped 2.6 percent, while top automaker Hyundai Motor inched up 0.38 percent.
Korea Electric Power Corp., the state-run power provider, also gained 0.84 percent.
The local currency was changing hands at 1,149.00 won against the US dollar, up 107 won from the previous session’s close.
(theinvestor@heraldcorp.com)
