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
Industry experts predicts tough choices as NewJeans' ultimatum nears
-
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
Job creation lowest on record among under-30s
-
10
Opposition chief acquitted of instigating perjury
[THE INVESTOR] South Korean shares were off to a strong start on July 13, as traders were increasingly seeking risky assets.
The benchmark Korea Composite Stock Price Index jumped 15.35 points, or 0.77 percent, to 2,006.58 in the first 15 minutes of trading.
The global market has virtually dispelled Brexit fears, and the US economy is gaining renewed momentum. Japan is preparing for another round of stimulus measures, further whetting investors’ appetite.
In New York, the Dow Jones industrial average rose 120.74 to close at a record high of 18,347.67.
Top cap Samsung Electronics rebounded 1.16 percent. A day earlier, the tech giant lost 1.68 percent, ending a three-day winning streak driven by its strong second-quarter earnings guidance.
Leading automaker Hyundai Motor also gained 0.76 percent, while the state-run Korea Electric Power Corp. was unchanged.
The local currency was trading at 1,145.40 won against the US dollar, up 2.6 won from the previous session’s close.
(theinvestor@heraldcorp.com)
The benchmark Korea Composite Stock Price Index jumped 15.35 points, or 0.77 percent, to 2,006.58 in the first 15 minutes of trading.
The global market has virtually dispelled Brexit fears, and the US economy is gaining renewed momentum. Japan is preparing for another round of stimulus measures, further whetting investors’ appetite.
In New York, the Dow Jones industrial average rose 120.74 to close at a record high of 18,347.67.
Top cap Samsung Electronics rebounded 1.16 percent. A day earlier, the tech giant lost 1.68 percent, ending a three-day winning streak driven by its strong second-quarter earnings guidance.
Leading automaker Hyundai Motor also gained 0.76 percent, while the state-run Korea Electric Power Corp. was unchanged.
The local currency was trading at 1,145.40 won against the US dollar, up 2.6 won from the previous session’s close.
(theinvestor@heraldcorp.com)
