搜索

Seoul shares open higher on US gains; Israel

发表于 2023-12-07 04:40:43 来源:jetx slot

Seoul shares opened higher Tuesday, tracking gains on Wall Street, after Federal Reserve officials made dovish comments on rates, with investors assessing uncertainties over the Israel-Palestine conflict.

The benchmark Korea Composite Stock Price Index rose 33.18 points, or 1.38 percent, to 2,441.91 in the first 15 minutes of trading.

Overnight, the Dow Jones Industrial Average rose 0.6 percent to 33,604,65, and the tech-heavy NASDAQ Composite gained 0.4 percent to 13,484.24.

Traders have expected another rate hike this year due to higher-than-expected U.S. employment data in September, but the U.S. central bank said the odds for further tightening have dropped dramatically amid the Israel-Palestine conflict.

In Seoul, most large-cap stocks advanced.

Market bellwether Samsung Electronics Co. rose 2.3 percent, No. 2 chipmaker SK hynix Inc. climbed 2.7 percent, leading wireless services provider SK Telecom Co. jumped 3.8 percent, No. 1 auto parts maker Hyundai Mobis Co. gained 1.7 percent, and leading car battery maker LG Energy Solution was up 1 percent.

Among decliners, the country's national flag carrier Korean Air Co. fell 1.4 percent; KG Mobility, formerly known as SsangYong Motor Co., declined 1.2 percent; and leading cosmetics firm AmorePacific Corp. shed 0.5 percent.

The local currency was trading at 1,345.25 won against the U.S. dollar at 9:15 a.m., up 4.65 won from the previous session's close. (Yonhap)

随机为您推荐
版权声明:本站资源均来自互联网,如果侵犯了您的权益请与我们联系,我们将在24小时内删除。

Copyright © 2016 Powered by Seoul shares open higher on US gains; Israel,jetx slot   sitemap

回顶部