Seoul shares open higher ahead of US jobs data
South Korean stocks opened higher Friday as investors await the US payrolls data, which will give clues for the Federal Reserve's future monetary tightening policy.
The benchmark Korea Composite Stock Price Index added 10.86 points, or 0.45 percent, to 2,414.46 in the first 15 minutes of trading.
Overnight, all three US indexes slipped as investors were on edge ahead of the release of monthly non-farm payrolls data to be released later in the day, which will be a decisive factor in forecasting whether the Fed will keep its rates in place next month or go for another hike.
On the Seoul bourse, top-cap shares traded mixed.
Market bellwether Samsung Electronics gained 0.15 percent, while No. 2 chipmaker SK hynix dropped 0.17 percent.
Battery shares traded in positive terrain, with industry leader LG Energy Solution advancing 0.96 percent and its smaller rival Samsung SDI inching up 0.1 percent.
POSCO shares also gained ground.
Steel giant POSCO Holdings jumped 1.76 percent and its battery component-making affiliate POSCO Future M added 1.05 percent.
IT and financial shares were also strong.
Internet portal operator Naver was up 1 percent, and Kakao, the operator of the country's top mobile messenger, was up 1.47 percent.
KB Financial Group, Shinhan Financial Group and Hana Financial Group jumped 1.68 percent, 2.04 percent and 2.69 percent, respectively.
But auto shares were weak, with Hyundai Motor down 0.31 percent and its affiliate Kia down 1.08 percent.
The local currency was trading at 1,345.60 won against the US dollar at 9:15 a.m., up 4.9 won from Thursday's close.
South Korean stock, ETF, derivatives and commodity markets will all be closed for the next three days, as Monday is the Hangeul Day holiday, which celebrates the proclamation of the Korean alphabet. (Yonhap)
(责任编辑:요리)
下一篇:TvN Sports, CGV to screen Bundesliga’s first ‘Korean derby’
- ·“北, 무단철거 금강산 골프장서 옥수수 건조”
- ·[Exclusive] 'Game of Thrones' publisher inks deal for Korean books for first time
- ·S Korea, UAE agree to increase bilateral flight ceiling to 21 per week
- ·혼전임신 직원에 "애비없는 애"…갑질 서기관 감싼 복지부 논란
- ·28th BIFF comes to an end
- ·[Herald Interview] Alex Olle’s realistic reimagination of opera ‘Norma’ keeps art form alive
- ·[Today’s K
- ·Chinese avant
- ·[HIT Forum] 'Korea ready to become aerospace powerhouse'
- ·[HIT Forum] High schooler shares his space dream
- ·US strategic bomber B
- ·Samsung Electronics forecasts Q3 rebound
- ·S. Korea logs current account surplus for 4th month in August
- ·윤 대통령 “중동 리스크 대응, 민생에 전력 다해야”
- ·Reeling from election loss, ruling party picks new leader posts
- ·[Herald Interview] Monte
- ·Welcome Daehakro Festival lights up Seoul's stage hub
- ·Science minister welcomes HIT forum on space economy
- ·Pentagon chief stresses US ability to tackle 'crises in multiple theaters'
- ·Aespa to return with 4th EP ‘Drama’ next month
- ·'Apgujeong Box Girl' sparks online debate
- ·Yoon's approval rating at 34.2% with parliamentary elections 6 months away
- ·Chinese avant
- ·More webtoon
- ·S.Korea's largest
- ·IMF maintains 2023 growth outlook for S. Korea at 1.4 pct