Most Popular
-
1
South Korean President Yoon Suk Yeol declares martial law
-
2
President Yoon Suk Yeol declares end to martial law after six-hour chaos
-
3
'Is this happening in 2024?' South Koreans in panic, disbelief
-
4
Opposition parties submit motion to impeach President Yoon Suk Yeol
-
5
South Korea faces unprecedented turmoil in aftermath of Yoon's martial law
Seoul shares open sharply higher on Wall Street rally
By KH디지털뉴스부공용Published : March 6, 2013 - 09:41
South Korean stocks started off sharply higher Wednesday on an overnight Wall Street rally fueled by heightening anticipations of economic recovery, analysts said.
The benchmark Korea Composite Stock Price Index (KOSPI) soared
15.84 points, or 0.79 percent to 2,032.45 in the first 15 minutes of trading.
Shares moved upward across the board, with tech blue-chips and brokerage houses fueling the main index. Top-cap tech giant Samsung Electronics rose 1.23 percent and leading brokerage firm KDB Daewoo Securities jumped 2.5 percent.
U.S. shares gathered ground on Tuesday, with the Dow Jones industrial average rising 0.89 percent to a record 14,253.77.
The local currency was trading at 1,084.30 won against the U.S.
dollar as of 9:15 a.m., up 2.7 won from Tuesday's close. (Yonhap News)
The benchmark Korea Composite Stock Price Index (KOSPI) soared
15.84 points, or 0.79 percent to 2,032.45 in the first 15 minutes of trading.
Shares moved upward across the board, with tech blue-chips and brokerage houses fueling the main index. Top-cap tech giant Samsung Electronics rose 1.23 percent and leading brokerage firm KDB Daewoo Securities jumped 2.5 percent.
U.S. shares gathered ground on Tuesday, with the Dow Jones industrial average rising 0.89 percent to a record 14,253.77.
The local currency was trading at 1,084.30 won against the U.S.
dollar as of 9:15 a.m., up 2.7 won from Tuesday's close. (Yonhap News)
![[News Analysis] Political crisis: What it means for Korea-US alliance and beyond](http://res.heraldm.com/phpwas/restmb_idxmake.php?idx=652&simg=/content/image/2024/12/04/20241204050128_0.jpg&u=)
![[Today’s K-pop] BTS’ RM makes Rolling Stone’s best album list](http://res.heraldm.com/phpwas/restmb_idxmake.php?idx=642&simg=/content/image/2024/12/04/20241204050108_0.jpg&u=20241204171139)