Seoul shares open higher on US gains
South Korean stocks got off to a strong start Tuesday tracking overnight gains on Wall Street.
The benchmark Korea Composite Stock Price Index rose 19.23 points, or 0.79 percent, to 2,455.47 in the first 15 minutes of trading.
U.S. stocks closed higher as investors bet on big tech, with the Dow Jones Industrial Average advancing 0.93 percent and the Nasdaq Composite rising 1.2 percent.
In Seoul, tech and battery shares led the bullish opening.
Top-cap Samsung Electronics added 0.74 percent and its local rival LG Electronics rose 1.9 percent.
Leading battery maker LG Energy Solution climbed 1.05 percent and Posco Future M jumped 3.43 percent.
Leading pharmaceutical firm Samsung Biologics and SK bioscience rose 0.98 percent and 1.06 percent, respectively.
The local currency was trading at 1,349.75 won against the US dollar at 9:15 a.m., up 3.95 won from the previous session's close. (Yonhap)
-
Foreign workers' deaths get weak sanctions[Photo News] Floral ButterflyHyundai’s decadeslong support for archery pays off at Asian GamesSatellite imagery highlights 'dramatic' increase in N. KoreaYoon lauds rapid growth of Korean defense industry[Today’s KTvN’s ‘Unexpected Business’ to return with season 3Korean telecom regulator considers W68b in fines on Google, Apple for violating inHiteJinro to produce soju in VietnamBIFF expands award categories beyond Asian content to global titles
- ·S. Korea set to open largest
- ·S. Korea finishes 3rd with 42 gold medals at Hangzhou Asian Games
- ·NK sports broadcast labels S. Korea ‘puppets'
- ·Unification ministry urges NK to immediately send detained S. Koreans back home
- ·TvN Sports, CGV to screen Bundesliga’s first ‘Korean derby’
- ·Posco on brink of strike for first time
- ·Chief justice nominee Lee Gyun
- ·KCON Saudi Arabia 2023 attracts 23,000 K
- ·Enjoying Halloween in Itaewon sparks debate online
- ·Hyundai, Kia to transition to Tesla charging system in North America
- ·Foreigners ditch sluggish Korean stocks
- ·[New on the Scene] Kim Seong
- ·Foreign workers' deaths get weak sanctions
- ·'We overcame together': NCT127 returns on more solid ground
- ·Gwanghwamun's Joseon
- ·Chief justice nominee Lee Gyun
- ·[Our Museums] Discover wisdom of hanok at Eunpyeong History Hanok Museum
- ·문재인 "부동산 정책, 초유 상황에 실책…신뢰 잃어 뼈아프다"
- ·First lady meets haenyeo, expresses respect, gratitude
- ·NK sports broadcast labels S. Korea ‘puppets'
- ·S. Korea set to open largest
- ·Stray Kids to release new album 'Rock
- ·Ive kicks off first world tour, 'Show What I Have'
- ·Hyundai’s decadeslong support for archery pays off at Asian Games
- ·Supporters of Israel hold rally in Seoul, urge Hamas to stop atrocities
- ·Subway fare in greater Seoul rises to 1,400 won
- ·KFCC hosts UN conference for inclusive finance
- ·SM founder Lee Soo
- ·Uzbekistan, Korea boost customs cooperation
- ·Court finds ban on leafleting into NK unconstitutional, ban on praise for NK constitutional
- ·Will Kep1er disband? Project group eyes extension with 'Magic Hour'
- ·[Herald Review] ‘Cobweb,’ a fresh, new wind in the Korean box office
- ·Rebellions' AI chip to undergo IBM quality testing
- ·Benois de la Danse winner Kang Mi
- ·USS Carl Vinson deploys for Indo
- ·First lady meets haenyeo, expresses respect, gratitude
- ·First lady meets haenyeo, expresses respect, gratitude
- ·Foreigners ditch sluggish Korean stocks
- ·S. Korean diplomat discusses NK human rights with US envoy
- ·Posco on brink of strike for first time
- ·Film director Jung Byung
- ·Hyundai, Kia to transition to Tesla charging system in North America
- ·USS Carl Vinson deploys for Indo
- ·[Weekender] Waiting on the North: Unified Korean dictionary project's long journey