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:재무)
- [Today’s K
- 33년 경찰 경력 내세워…“안심구청장 누구입니까”
- Art Token launches Hangeul
- Seoul condemns Hamas’ attack on Israel
- S. Korea, US, Japan install trilateral communication hotline amid N. Korea, China challenges
- Jungkook becomes first Korean soloist to log 2 songs in Top 5 of Billboard's Hot 100
- 33년 경찰 경력 내세워…“안심구청장 누구입니까”
- Cheongju Craft Biennale stresses connection with nature, Jikji legacy
- 탄약 찾는 러…국방부 "北컨테이너 적재량, 포탄 수십만발 분량"
- Posco Holdings recoups investment in Roy Hill after 13 years
- BIFF expands award categories beyond Asian content to global titles
- Jungkook of BTS to hold fan showcase on Nov. 20
- 北, 日의 장거리미사일 조기 배치 추진에 “전쟁국가 일본 실체”
- Disney+’s ‘Moving’ sweeps BIFF’s Asia Contents Awards & Global OTT Awards