Seoul shares open higher on Wall Street gains


The Korea Composite Stock Price Index was displayed on an electronic board at the Hana Bank headquarters in Seoul, with South Korean stocks opening slightly higher on Tuesday, reflecting the previous day's gains on Wall Street in anticipation of the US Fed meeting. The benchmark Korea Composite Stock Price Index rose by 0.37 percent in the initial 15 minutes of trading, following the positive trend from Wall Street and amid investor caution ahead of the US Federal Open Market Committee meeting scheduled for Tuesday and Wednesday. Meanwhile, in Seoul, there was a mixed performance among large caps, with Samsung Electronics and SK hynix experiencing declines, while Hyundai Motor, Kia Motors, and LG Energy Solution saw gains. Additionally, the local currency was trading at 1,376.15 won against the US dollar, a slight decrease from the previous session's close. The electronic board at Hana Bank headquarters in Seoul displayed the Korea Composite Stock Price Index, as South Korean stocks opened slightly higher on Tuesday, aligning with the gains on Wall Street the previous day in anticipation of the US Fed meeting. The benchmark Korea Composite Stock Price Index increased by 0.37 percent in the first 15 minutes of trading, following the positive trend from Wall Street and amid investor caution ahead of the US Federal Open Market Committee meeting scheduled for Tuesday and Wednesday. In Seoul, there was a mixed performance among large caps, with Samsung Electronics and SK hynix experiencing declines, while Hyundai Motor, Kia Motors, and LG Energy Solution saw gains. Additionally, the local currency was trading at 1,376.15 won against the US dollar, a slight decrease from the previous session's close.


Previous Post Next Post