Seoul shares open higher as US Treasury yields slide
South Korean stocks opened higher Tuesday as US Treasury yields took a breather after soaring in the past few days.
The benchmark Korea Composite Stock Price Index added 7.77 points, or 0.33 percent, to 2,364.79 in the first 15 minutes of trading.
Overnight, Wall Street ended mixed as US Treasury yields dropped after hitting 5 percent and investors awaited earnings reports from tech giants, including Microsoft Corp., Alphabet Inc. and Amazon.com, later this week.
In Seoul, market bellwether Samsung Electronics added 0.29 percent, and SK hynix, the country's No. 2 chipmaker, gained 1.53 percent.
Bio and IT shares got off to a strong start.
Samsung Biologics soared 3.14 percent, and Celltrion jumped 2.35 percent.
Internet portal operator Naver also shot up 2.75 percent, and Kakao, the operator of the country's top mobile messenger, advanced 2.24 percent.
Battery shares, however, started weak.
Industry leader LG Energy Solution dropped 1.26 percent, Samsung SDI lost 0.95 percent, and Posco Future M inched down 0.17 percent.
Auto shares were mixed, with Hyundai Motor down 0.49 percent and its smaller affiliate Kia up 0.12 percent.
The local currency was trading at 1,345.30 won against the US dollar at 9:15 a.m., up 8.4 won from the previous session's close. (Yonhap)
-
BOK likely to keep policy rate unchanged on slowdown, hope for Fed's rate freeze, easing inflationArtToken, KAIST sign MOU to cooperate in art, technology fieldsUS lawmaker submits bill requiring Pentagon report on allies' defense contributionSTX, TripleSouth Korea warns tit협치 첫 단추 ‘현수막 난립방지법’ 소위 통과In early 2029, Earth will likely breach key warming threshold: scientists협치 첫 단추 ‘현수막 난립방지법’ 소위 통과Dog meat group threatens to release 2 million dogs near presidential office[Herald Interview] Journey to find her voice has brought Vittoria Yeo to peak performance
下一篇:New NZ minister takes oath in English and Korean
- ·Cheong Wa Dae to open for winter night stroll event
- ·HDC to spur digital innovation for efficiency, safety
- ·Women’s stories continue to resonate with Korean viewers
- ·N. Korean envoy rejects report on Hamas using N. Korean arms as 'groundless'
- ·School violence drops, drugs among teens surge: police
- ·[Today’s K
- ·Korea to set workplace harassment criteria: minister
- ·Posco secures W6tr supply deal from Lotte Energy Materials
- ·Seoul shares start lower ahead of key rate decision
- ·Epitaph plaque for wife of first Korean diplomatic minister in US returns to Korea
- ·Women’s stories continue to resonate with Korean viewers
- ·[Herald Review] ‘Zzz’ lulls audience to sleep through onstage performance
- ·German envoy calls for enhanced security cooperation with S. Korea
- ·Jungkook ties record for most Billboard Hot 100 hits as K
- ·[Korea Beyond Korea] From history and K
- ·Decoding Korea's 'virtuous' drinking culture
- ·'Do not open plane doors' warning mandated for planes in flight
- ·NCSoft to unveil new titles at G
- ·Yoon doubles down on cutting national debt in 2024 budget speech
- ·US lawmaker submits bill requiring Pentagon report on allies' defense contribution
- ·Trilateral cooperation unaffected by US election outcomes: Goldberg
- ·Women’s stories continue to resonate with Korean viewers
- ·Halloween weekend sees 65 police calls
- ·Women’s stories continue to resonate with Korean viewers
- ·LS Materials to tap deeper into EV, green energy markets
- ·Memorial park for independence fighter to open in Kazakhstan
- ·[Korea Quiz] Lucrative MLB careers
- ·Director touts Netflix's ‘Daily Dose of Sunshine’ as warm tale for adults
- ·Subway car seats to be removed in two subway cars for more space: Seoul Metro
- ·Posco secures W6tr supply deal from Lotte Energy Materials
- ·Asiana Airlines delays decision on cargo business sell
- ·Rental fraudster’s ‘luxury life’ sparks anger
- ·[Korean History] Bodies of two infants discovered in freezer in Seoul's Seorae Village
- ·NCSoft to unveil new titles at G
- ·홍준표 "서울 메가시티, 시대 역행…尹정책과도 안맞아"
- ·Dreamcatcher to present new album 'VillanS' on Nov. 22
- ·Seoul anticipates 3
- ·北 ‘환적지 이동’ 정황…석도 인근서 10월에만 10건 포착
- ·Subway car seats to be removed in two subway cars for more space: Seoul Metro
- ·Dreamcatcher to present new album 'VillanS' on Nov. 22
- ·LG Electronics CEO to present AI vision at CES
- ·[Herald Interview] Journey to find her voice has brought Vittoria Yeo to peak performance
- ·Decoding Korea's 'virtuous' drinking culture
- ·On verge of closing, rural school tries to lure students with financial benefits
- ·HiteJinro soju seeks bigger footing in UK
- ·Kakao Mobility announces plan to overhaul commission system amid monopoly criticism