Seoul shares open higher ahead of Nvidia results
Seoul shares opened higher Tuesday, tracking overnight gains on Wall Street, as investors await earnings results from AI chip leader Nvidia and other US tech firms.
The benchmark Korea Composite Stock Price Index rose 19.92 points, or 0.8 percent, to 2,511.12 in the first 15 minutes of trading.
Overnight, the Dow Jones Industrial Average rose 0.6 percent to 35,151.04, and the tech-rich NASDAQ added 1.1 percent to 14,284.53.
Nvidia is set to release quarterly results on Tuesday on the back of strong demand for generative AI.
In Seoul, tech, auto and energy stocks led gains.
Market bellwether Samsung Electronics rose 0.6 percent, No. 2 chipmaker SK hynix climbed 1.3 percent, top carmaker Hyundai Motor gained 0.3 percent and leading car battery maker LG Energy Solution was up 0.6 percent.
Among decliners, the country's sole aircraft manufacturer Korea Aerospace Industries fell 0.3 percent and leading cosmetics firm Amorepacific shed 0.4 percent.
The local currency was trading at 1,287.25 won against the US dollar, up 4.4 won from the previous session's close. (Yonhap)
-
LG H&H sales up 294% in half year on Japan's Qoo10NK slams Yoon's warning against PyongyangHana Financial signs MOU with Saudi Arabia's EXIM bank to expand cooperation[Herald Interview] As a wanderer, Yoshitomo Nara does not confine himself to artLG Display to cut jobs in costSM founder Lee SooNK slams Yoon's warning against PyongyangBenois de la Danse winner Kang MiCongresswoman redoubles calls for support to designate Nov. 22 as 'Kimchi Day'Over half of Koreans want continuous strengthening of alliance with US: poll
- ·GC Biopharma breaks ground for Indonesia’s first blood products plant
- ·[Herald Interview] Mimiirose hopes to make a name for itself
- ·N. Korea scheduled to hold key parliamentary meeting following Kim
- ·Over half of Koreans want continuous strengthening of alliance with US: poll
- ·Hero soldier may get honorary degree from university
- ·Reconstructed Dondeokjeon hall in Deoksu Palace to open to public
- ·[Hello Hangeul] The making of Korean language textbooks featuring BTS
- ·Milk prices to go up in Oct.
- ·G7 leaders strongly condemn N. Korea's satellite launch, arms transfers to Russia
- ·NK slams Yoon's warning against Pyongyang
- ·[Herald Interview] Love is what defines artist Dawn
- ·Will Kep1er disband? Project group eyes extension with 'Magic Hour'
- ·Ideal spouse material? Above
- ·카메라 찍힌 김여정 960만원 '디올 백'…그 자체가 北인권 참상
- ·[Herald Interview] Love is what defines artist Dawn
- ·러 무기 만져보고 타보고...김정은 '북·러 합작' 도발 메뉴 내놓나
- ·Seoul shares edge down amid US slowdown woes; won sharply down
- ·여당, 총선변수에 고심…“쇄신한 민주당과 대결 준비해야”
- ·Major Korean firms fare worse than US counterparts in H1
- ·SKC to build bioplastics plant in Vietnam
- ·Congresswoman redoubles calls for support to designate Nov. 22 as 'Kimchi Day'
- ·[KH Explains] Lotte goes all
- ·Hyundai Motor may sell Russian plant to local firm
- ·Hana Financial signs MOU with Saudi Arabia's EXIM bank to expand cooperation
- ·Actors, musicians unite for Hakchon Theater's closing act
- ·[Korea Beyond Korea] Early Koreanists on verge of extinction overseas
- ·Film director Jung Byung
- ·KCON Saudi Arabia 2023 attracts 23,000 K
- ·[Our Museums] Gyeonggi Ceramic Museum shows artistic essence of ceramics throughout history
- ·Opposition leader Lee attends arrest warrant hearing at Seoul court
- ·Yoon plans state visits to UK, Netherlands later this year
- ·Voter interest reaches all
- ·외교부, 이스라엘 전역 여행경보 ‘특별여행주의보’ 발령
- ·尹 “국민, 안보 믿음 가졌을 것”…4000명 장병 동원 행진 주관
- ·[Hello Hangeul] Korean language instructors' working conditions remain subpar
- ·Unification ministry urges NK to immediately send detained S. Koreans back home
- ·[사진] 부산 깡통시장 간 윤 대통령과 기업 총수들
- ·Breadwinners in their 60s or above double in 9 years
- ·[Herald Interview] As a wanderer, Yoshitomo Nara does not confine himself to art
- ·[Herald Interview] Mimiirose hopes to make a name for itself
- ·[News Focus] Why Kim Jong
- ·SM founder Lee Soo
- ·Seoul shares open lower on Fed's higher
- ·Broadcom to appeal S. Korean regulator's fine over unfair Samsung Electronics deal
- ·[KH Explains] Banks, regulators trade blame for snowballing ELS losses
- ·SM founder Lee Soo