Most Popular
-
6
Israel says Iran launched more than 300 drones and missiles, 99% of which were intercepted
-
7
[KH Explains] How should Korea adjust its trade defenses against Chinese EVs?
![[KH Explains] How should Korea adjust its trade defenses against Chinese EVs?](//res.heraldm.com/phpwas/restmb_idxmake.php?idx=644&simg=/content/image/2024/04/15/20240415050562_0.jpg&u=20240415144419)
-
8
BTS' Jungkook creates Instagram account for his dog
-
9
Korea braces for blows from Middle East conflict
-
10
S. Korea ups guard against economic impact from Middle East conflict
![[KH Explains] How should Korea adjust its trade defenses against Chinese EVs?](http://res.heraldm.com/phpwas/restmb_idxmake.php?idx=644&simg=/content/image/2024/04/15/20240415050562_0.jpg&u=20240415144419)
South Korean stocks opened slightly lower Thursday, as the US Federal Reserve hinted at the chance of a December interest rate hike.
The benchmark Korea Composite Stock Price Index shed 1.87 points, or 0.08 percent, to 2,140.33 in the first 15 minutes of trading.
After holding a two-day policy meeting, the Fed left interest rates unchanged and said it would begin reducing its bond portfolio starting next month.
Most large caps on the Seoul bourse traded mixed, with market kingpin Samsung Electronics gaining 1.07 percent.
SK hynix, a major chipmaker, was also up 0.37 percent.
Top automaker Hyundai Motor shed 1.41 percent, and its smaller affiliate Kia Motors fell 1.91 percent.
The local currency was trading at 1,133.50 won against the US dollar, down 5.20 won from the previous session's close. (Yonhap)
The benchmark Korea Composite Stock Price Index shed 1.87 points, or 0.08 percent, to 2,140.33 in the first 15 minutes of trading.
After holding a two-day policy meeting, the Fed left interest rates unchanged and said it would begin reducing its bond portfolio starting next month.
Most large caps on the Seoul bourse traded mixed, with market kingpin Samsung Electronics gaining 1.07 percent.
SK hynix, a major chipmaker, was also up 0.37 percent.
Top automaker Hyundai Motor shed 1.41 percent, and its smaller affiliate Kia Motors fell 1.91 percent.
The local currency was trading at 1,133.50 won against the US dollar, down 5.20 won from the previous session's close. (Yonhap)
