Most Popular
-
1
Dongduk Women’s University halts coeducation talks
-
2
Defense ministry denies special treatment for BTS’ V amid phone use allegations
-
3
Russia sent 'anti-air' missiles to Pyongyang, Yoon's aide says
-
4
OpenAI in talks with Samsung to power AI features, report says
-
5
Two jailed for forcing disabled teens into prostitution
-
6
Trump picks ex-N. Korea policy official as his principal deputy national security adviser
-
7
South Korean military plans to launch new division for future warfare
-
8
Gold bars and cash bundles; authorities confiscate millions from tax dodgers
-
9
Kia EV9 GT marks world debut at LA Motor Show
-
10
Teen smoking, drinking decline, while mental health, dietary habits worsen
[THE INVESTOR] South Korean shares opened slightly lower on Oct. 7 as investors continued to speculate on a possible interest rate hike.
The benchmark KOSPI shed 1.9 points, or 0.09 percent, to 2,063.4 in the first 15 minutes of trading.
Investors remained cautious ahead of US non-farm payroll report later in the day to get clues on whether the Federal Reserve will raise rates before the end of this year.
Most market heavyweights traded weak, while Samsung affiliates were bullish after US hedge fund Elliott Management urged Samsung Electronics to streamline its corporate structure and increase returns to shareholders.
Samsung Electronics rose 0.77 percent after posting upbeat third-quarter earnings guidance thanks to its memory chip and display businesses despite a global recall of its Galaxy Note 7 smartphones.
The local currency was trading at 1,115.80 won against the US dollar, down 3.60 won from the previous session.
(theinvestor@heraldcorp.com)
The benchmark KOSPI shed 1.9 points, or 0.09 percent, to 2,063.4 in the first 15 minutes of trading.
Investors remained cautious ahead of US non-farm payroll report later in the day to get clues on whether the Federal Reserve will raise rates before the end of this year.
Most market heavyweights traded weak, while Samsung affiliates were bullish after US hedge fund Elliott Management urged Samsung Electronics to streamline its corporate structure and increase returns to shareholders.
Samsung Electronics rose 0.77 percent after posting upbeat third-quarter earnings guidance thanks to its memory chip and display businesses despite a global recall of its Galaxy Note 7 smartphones.
The local currency was trading at 1,115.80 won against the US dollar, down 3.60 won from the previous session.
(theinvestor@heraldcorp.com)
