Home

The Korea Herald

Latest news

Most Popular

  1. 1

    1 in 3 Koreans live alone, family types becoming diverse

    1 in 3 Koreans live alone, family types becoming diverse
  2. 2

    Korea, Japan finance chiefs vow to tame rampant FX market volatility

    Korea, Japan finance chiefs vow to tame rampant FX market volatility
  3. 3

    K-pop group's manager dismissed for setting up spycam in theater dressing room

    K-pop group's manager dismissed for setting up spycam in theater dressing room
  4. 4

    Contentious grain bill put directly to plenary meeting for vote

    Contentious grain bill put directly to plenary meeting for vote
  5. 5

    Why is Apple Pay struggling to get purchase in Korea?

    Why is Apple Pay struggling to get purchase in Korea?
  1. 6

    Yoon's office denies considering liberal figures for key posts

    Yoon's office denies considering liberal figures for key posts
  2. 7

    Trilateral talks acknowledge ‘serious’ slumps of won, yen

    Trilateral talks acknowledge ‘serious’ slumps of won, yen
  3. 8

    Will tug-of-war between doctors, government end soon?

    Will tug-of-war between doctors, government end soon?
  4. 9

    Climate impacts set to cut 2050 global GDP by nearly a fifth

    Climate impacts set to cut 2050 global GDP by nearly a fifth
  5. 10

    [Today’s K-pop] BTS pop-up event to come to Seoul

    [Today’s K-pop] BTS pop-up event to come to Seoul
피터빈트

Seoul stocks open higher despite Wall Street losses

By Yonhap

Published : April 19, 2022 - 09:44

    • Link copied

An electronic board showing the Korea Composite Stock Price Index (Kospi) at a dealing room of the Hana Bank headquarters in Seoul on Tuesday. (Yonhap) An electronic board showing the Korea Composite Stock Price Index (Kospi) at a dealing room of the Hana Bank headquarters in Seoul on Tuesday. (Yonhap)

South Korean stocks opened higher Tuesday despite overnight losses on Wall Street as foreigners and individuals picked up large-cap shares.

The benchmark Korea Composite Stock Price Index (KOSPI) added 25.21 points, or 0.94 percent, to reach 2,718.42 in the first 15 minutes of trading.

On Monday (local time), US stocks fell in volatile trading amid the possibility of monetary policy tightening by the US Federal Reserve.

The Dow Jones Industrial Average fell 0.11 percent, the S&P 500 lost 0.02 percent and the tech-heavy Nasdaq Composite Index went down 0.14 percent.

Large-cap shares in Seoul were trading bullish.

Market bellwether Samsung Electronics increased 1.65 percent, key battery maker LG Energy Solution added 1.04 percent and No. 2 chipmaker SK hynix went up 2.29 percent.

The Korean won was trading at 1,233.4 won against the US dollar, up 1 won from the previous session's close. (Yonhap)

More from Headlines