Seoul shares open lower ahead of Fed meeting this week
South Korean stocks opened lower Monday as investors sat on the sidelines as the US Federal Reserve is set to hold its monetary policy meeting later this week.
The benchmark Korea Composite Stock Price Index fell 3.78 points, or 0.16 percent, to 2,299.03 in the first 15 minutes of trading.
The Federal Reserve is set to hold its two-day meeting Tuesday and Wednesday, with investors focusing on whether Federal Reserve Chairman Jerome Powell will provide any hint on future monetary policy.
Tech giants traded mixed, with Samsung Electronics falling 0.59 percent, while No. 2 chipmaker SK hynix added 1.43 percent.
Leading steelmaker Posco Holdings shed 0.71 percent, while Korea Zinc gained 1.82 percent.
Chemical firms were among the losers, with LG Chemical decreasing 0.46 percent and cosmetics maker AmorePacific moving down 0.77 percent.
The local currency was trading at 1355.00 won against the US dollar at 9:15 a.m., up 0.9 won from the previous session's close. (Yonhap)
(责任编辑:과학)
KT SAT to adopt Starlink for enhanced maritime internet
Kakao completes its first own data center
[Herald Interview] Mimiirose hopes to make a name for itself
Reconstructed Dondeokjeon hall in Deoksu Palace to open to public
Criminal procedures for foreigners in Korea
- Korea to showcase advanced climate technologies at COP28 Dubai
- Unification minister to visit Britain, Germany
- Posco to build joint venture with US grain company
- Milk prices to go up in Oct.
- Seoul reviews scenarios for restoring guard posts in DMZ
- Rebellions' AI chip to undergo IBM quality testing
- Rebellions' AI chip to undergo IBM quality testing
- SM founder Lee Soo
-
LS Materials to tap deeper into EV, green energy markets
LS Materials, a South Korean energy storage device manufacturer, said on Tuesday the firm will furth ...[详细]
-
Hyundai Motor may sell Russian plant to local firm
A Russian firm will buy Hyundai Motor’s manufacturing plant in St. Petersburg which halted operation ...[详细]
-
Unification minister to visit Britain, Germany
Unification Minister Kim Yung-ho will embark on a weeklong trip to Britain and Germany this week for ...[详细]
-
SKC to build bioplastics plant in Vietnam
South Korea's advanced materials maker SKC said Monday that it had decided on a location in Vie ...[详细]
-
School violence drops, drugs among teens surge: police
The Seoul Metropolitan Police said on Tuesday that the response rate of school violence among studen ...[详细]
-
4th Global Biz Forum kicks off to discuss 'next prosperity'
The fourth edition of The Korea Herald’s Global Business Forum kicked off Wednesday at Grand Hyatt S ...[详细]
-
SKC to build bioplastics plant in Vietnam
South Korea's advanced materials maker SKC said Monday that it had decided on a location in Vie ...[详细]
-
Reconstructed Dondeokjeon hall in Deoksu Palace to open to public
Dondeokjeon, a historic Western-style building in Seoul's Deoksu Palace used as a royal guestho ...[详细]
-
S. Korea's heavyweights like ex
South Korea is set to make its final presentation for the 2030 World Expo host city bid in Paris on ...[详细]
-
The teaser video for Seventeen’s 11th EP was brought down on Sunday, said agency Pledis Entertainmen ...[详细]
- [Korea Beyond Korea] Yale sociologist and BTS fan researches K
- Talks on Goryeo artifact's repatriation resume a decade later
- S. Korea retracts bans on disposable cups at cafes, restaurants
- Kyobo Life chairman wins top industry honor
- Pianist Sohn Min
- [Herald Interview] Through memories, Bora Jin pens ode to grandfather and Busan
- [Korea Beyond Korea] Anthropologist stresses multidisciplinary approach for strong Korean studies
- Kard signs with Cardi B, Post Malone's agency
- Marking 105th anniversary of independence, Poland highlights growing ties with Gyeonggi Province
- 'Justice will prevail': G
- Disability rights group lodges complaint with rights watchdog over leader's arrest
- Kakao completes its first own data center
- [Herald Interview] Mimiirose hopes to make a name for itself
- Political strife may delay Korea’s launch of new space agency
- LS Materials to tap deeper into EV, green energy markets
- Govt. to survey spending on private education of preschoolers, Suneung retakers
- LG chief convenes CEO meeting to review growth strategy