Most Popular
-
1
Dongduk Women’s University halts coeducation talks
-
2
Defense ministry denies special treatment for BTS’ V amid phone use allegations
-
3
Russia sent 'anti-air' missiles to Pyongyang, Yoon's aide says
-
4
OpenAI in talks with Samsung to power AI features, report says
-
5
Two jailed for forcing disabled teens into prostitution
-
6
Trump picks ex-N. Korea policy official as his principal deputy national security adviser
-
7
South Korean military plans to launch new division for future warfare
-
8
Gold bars and cash bundles; authorities confiscate millions from tax dodgers
-
9
Kia EV9 GT marks world debut at LA Motor Show
-
10
Teen smoking, drinking decline, while mental health, dietary habits worsen
Seoul shares opened higher Friday as tech stocks advanced despite losses on Wall Street, but investors remain concerned about the US' looming tapering move.
The benchmark Korea Composite Stock Price Index (KOSPI) rose 26.23 points, or 0.90 percent, to 2,946.76 points in the first 15 minutes of trading.
The main index rebounded from a 2.3 percent drop in the past two sessions. The decline was attributable to Fed meeting minutes that suggested the US central bank may raise interest rates sooner and higher than expected.
Tech and auto stocks were lead gainers.
Market bellwether Samsung Electronics Co. rose 1.4 percent to 78,000 won, No. 2 chipmaker SK hynix Inc. climbed 2.4 percent to 28,000 won, and top carmaker Hyundai Motor Co. gained 0.9 percent to 216,000 won.
Among losers, Daewoo Shipbuilding & Marine Engineering Co. fell 0.4 percent to 24,800 won, dominant tobacco company KT&G Corp. declined 0.1 percent to 78,600 won, and leading cosmetics firm Amorepacific Corp. shed 0.3 percent to 163,000 won.
The local currency was trading at 1,202.15 won to the US dollar, down 1.15 won from the previous session's close. (Yonhap)
The benchmark Korea Composite Stock Price Index (KOSPI) rose 26.23 points, or 0.90 percent, to 2,946.76 points in the first 15 minutes of trading.
The main index rebounded from a 2.3 percent drop in the past two sessions. The decline was attributable to Fed meeting minutes that suggested the US central bank may raise interest rates sooner and higher than expected.
Tech and auto stocks were lead gainers.
Market bellwether Samsung Electronics Co. rose 1.4 percent to 78,000 won, No. 2 chipmaker SK hynix Inc. climbed 2.4 percent to 28,000 won, and top carmaker Hyundai Motor Co. gained 0.9 percent to 216,000 won.
Among losers, Daewoo Shipbuilding & Marine Engineering Co. fell 0.4 percent to 24,800 won, dominant tobacco company KT&G Corp. declined 0.1 percent to 78,600 won, and leading cosmetics firm Amorepacific Corp. shed 0.3 percent to 163,000 won.
The local currency was trading at 1,202.15 won to the US dollar, down 1.15 won from the previous session's close. (Yonhap)
