Seoul shares opened slightly higher Friday, as chip shares gained traction bolstered by overnight gains on Wall Street. The benchmark Korea Composite Stock Price Index rose 0.04 percent, or 1.03 points, to 2,672.6 in the first 15 minutes of trading. Overnight, major U.S. indexes gained ground thanks to the surprise earnings result of Micron Technology lifting artificial intelligence-related shares. The Dow Jones Industrial Average rose 0.62 percent, the S and P 500 increased 0.4 percent, and the tech-heavy Nasdaq composite soared 0.6 percent. In Seoul, semiconductor shares led the overall gains, with market behemoth Samsung Electronics and industry rival SK hynix adding 0.93 percent and 3.92 percent, respectively. Financial shares also added momentum. Kookmin Financial and Shinhan Financial rose 3.94 percent and 0.35 percent, respectively. In contrast, battery and automotive shares lost ground. LG Energy Solution and Hyundai Motor shed 0.85 percent and 1.35 percent, respectively. The local currency was trading at 1,318 won against the U.S. dollar, up 9.2 won from the previous session. Source: Yonhap News Agency
Seoul shares open tad higher on Wall Street gains
Recent News
Lin Chung-wei Wins Bronze in Men’s 400-Meter Hurdles at Asian Games
September 28, 2026
Taiwan Secures 33 Medals at 2026 Aichi-Nagoya Asian Games
September 28, 2026
Fu Chao-hsuan Wins Historic Gold in High Jump at Asian Games
September 28, 2026
East Asia Super League 2026-27 Season to Open in Cebu
September 28, 2026
Taiwanese Tech Firms Host Major Recruitment Event in Silicon Valley
September 28, 2026
Morocco Resumes Visa Applications for Taiwanese Tourists
September 28, 2026
Taiwan’s VIS and NXP Semiconductors Begin Production at Singapore Chip Plant
September 28, 2026