Yoon replaces 6 ministers ahead of his 3rd year, general election
US deploys fighter jets in S. Korea for air exercise in Singapore
S. Korea's economy grows 0.6% in Q3, unchanged from earlier estimate
S. Korea successfully tests solid-fuel space rocket
South Korea unveils plan to tackle ailing mental health
Seoul stocks open slightly higher amid earnings woesBy Yonhap
Published : Jan. 26, 2023 - 09:42
Seoul stocks opened slightly higher Thursday as investors brace for earnings reports from major companies.
The benchmark Korea Composite Stock Price Index rose 7.26 points, or 0.3 percent, to 2,435.83 in the first 15 minutes of trading.
The local stock market opened higher despite lackluster trading on Wall Street overnight.
The S&P 500 inched down 0.02 percent, while the Dow Jones Industrial Average edged up 0.03 percent. The tech-heavy Nasdaq closed 0.18 percent lower than the previous session.
In Seoul, market bellwether Samsung Electronics was up 0.32 percent, while smaller rival SK hynix was down 0.55 percent.
Top automaker Hyundai Motor added 1.75 percent, bio firm Samsung Biologics retreated 0.5 percent, and portal operator Naver declined 0.25 percent.
The local currency had been trading at 1,231.6 won against the US dollar as of 9:15 a.m., up 0.1 won from Thursday's close. (Yonhap)
Korea unveils plan to tackle ailing mental health
[KH Explains] China ups OLED ante to take over Korean shares
6 outgoing ministers ‘strong candidates’ for general elections: ruling party