Seoul shares open almost flat amid geopolitical tensions, rate woes
South Korean stocks opened almost flat Monday amid geopolitical tensions and expectations of continued Fed rate woes.
The benchmark Korea Composite Stock Price Index lost 1.75 points, or 0.07 percent, to 2,373.25 in the first 15 minutes of trading.
All three major US indexes closed sharply lower Friday amid escalating tensions in the Middle East and market expectations that the Fed will keep its key rates higher for longer.
In Seoul, market bellwether Samsung Electronics added 0.29 percent and the country's No. 2 chipmaker SK hynix gained 0.4 percent.
Auto shares also started in positive terrain, with Hyundai Motor up 0.71 percent and its smaller affiliate Kia up 1.22 percent.
But battery shares started weak, with industry leader LG Energy Solution down 0.23 percent and its rival Samsung SDI down 1.56 percent.
The local currency was trading at 1,351.80 won against the US dollar at 9:15 a.m., up 0.6 won from the previous session's close. (Yonhap)
(责任编辑:요리)
下一篇:One Store attracts W20b from Krafton
- ·HiteJinro to produce soju in Vietnam
- ·S. Korea set to open largest
- ·Yoon lauds rapid growth of Korean defense industry
- ·MBK chairman makes donation to promote Korean art at New York's Met
- ·[Our Museums] Discover wisdom of hanok at Eunpyeong History Hanok Museum
- ·北, 러시아 외무장관 방북 발표…내달 18~19일 방문
- ·[Today’s K
- ·Hyundai Motor shows off air mobility, drone tech at Seoul defense fair
- ·SC Bank Korea CEO nominated for fourth term
- ·Hyundai Steel starts new campaign promoting recycled steel
- ·N. Korea makes 3rd spy satellite launch attempt
- ·김기현 “한동훈 자질, 대한민국 위해 잘 발휘될 수 있게 할 것”
- ·MBK chairman makes donation to promote Korean art at New York's Met
- ·[Today’s K
- ·S. Korean literary giant Jo Jung
- ·'Dancing woman' on Seoul street arrested for meth use
- ·Gimbap and hanja cramming: Life of Korean Studies students in Paris
- ·Prosecutors seek 30
- ·Import prices up for 3rd month in September on higher oil prices
- ·S. Korean literary giant Jo Jung
- ·[Today’s K
- ·Number of youth addicted to online gambling rises
- ·[Korea Beyond Korea] In Paris, soaring demand for Korean studies yet to be fully met
- ·South Korea’s digital reputation dented by government network outage
- ·North notifies of satellite launch amid concerns
- ·LG Chem boosts diverse ESG campaigns
- ·北, 러시아 외무장관 방북 발표…내달 18~19일 방문
- ·Oman celebrates 53rd National Day, calls Korea reliable ally