{"id":63864,"date":"2024-04-24T05:00:00","date_gmt":"2024-04-24T00:00:00","guid":{"rendered":"http:\/\/myanmarnewsgazette.com\/?guid=59c97b573297c87b4c0e1e82006635a5"},"modified":"2024-04-24T05:00:00","modified_gmt":"2024-04-24T00:00:00","slug":"seoul-shares-open-sharply-higher-on-u-s-stock-gains","status":"publish","type":"post","link":"https:\/\/myanmarnewsgazette.com\/seoul-shares-open-sharply-higher-on-u-s-stock-gains\/","title":{"rendered":"Seoul shares open sharply higher on U.S. stock gains"},"content":{"rendered":"
\n South Korean stocks opened stronger Wednesday as investors snapped up blue chips across the board following overnight gains on Wall Street.<\/p>\n
The benchmark Korea Composite Stock Price Index climbed up 46.43 points, or 1.77 percent, to 2,669.45 in the first 15 minutes of trading.<\/p>\n
Overnight on Wall Street, the S andP 500 rose 1.2 percent and the tech-heavy Nasdaq jumped 1.59 percent, while the Dow Jones Industrial Average gained 0.69 percent, as tech heavyweights lifted the broader U.S. stock market.<\/p>\n
In Seoul, most blue chips advanced. Market heavyweight Samsung Electronics surged 3.31 percent and chip rival SK hynix jumped 4.27 percent.<\/p>\n
Battery shares and energy shares also gained traction. Leading battery company LG Energy Solution rose 3.11 percent and top refiner SK Innovation climbed 3.41 percent.<\/p>\n
The local currency was trading at 1,371.85 won against the greenback, up 6.45 won from the previous session’s close.<\/p>\n
Source: Yonhap News Agency<\/p>\n","protected":false},"excerpt":{"rendered":"
South Korean stocks opened stronger Wednesday as investors snapped up blue chips across the board following overnight gains on Wall Street.<\/p>\n
The benchmark Korea Composite Stock Price Index climbed up 46.43 points, or 1.77 percent, to 2,669.45 in the …<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[13],"tags":[],"yoast_head":"\n