Seoul shares open higher on tech gains amid Middle East concerns
Among decliners, top carmaker Hyundai Motor fell 0.77 percent and defense giant Hanwha Aerospace declined 0.26 percent
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Summary
Among decliners, top carmaker Hyundai Motor fell 0.77 percent and defense giant Hanwha Aerospace declined 0.26 percent. Leading refiner SK Innovation climbed 0.54 percent, and shipping firm HMM surged 9.41 percent. An electronic board showing the Korea Composite Stock Price Index at a dealing room of the Hana Bank headquarters in Seoul on Tuesday. (Yonhap) Seoul shares opened higher Tuesday, led by gains by major chipmakers, despite overnight losses on Wall Street, as hopes for a deal to end the war with Iran fade.
Furthermore, Market bellwether Samsung Electronics rose 3.64 percent, while its chipmaking rival SK hynix jumped 6.38 percent. Elevated oil prices stoked inflation concerns, while prospects for a deal with Iran dimmed after US President Donald Trump said he was not interested in extending an agreement with Iran that was set to expire.
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Among decliners, top carmaker Hyundai Motor fell 0.77 percent and defense giant Hanwha Aerospace declined 0.26 percent.
reliability low1/2 sourcesLeading refiner SK Innovation climbed 0.54 percent, and shipping firm HMM surged 9.41 percent.
reliability low1/2 sourcesAn electronic board showing the Korea Composite Stock Price Index at a dealing room of the Hana Bank headquarters in Seoul on Tuesday. (Yonhap) Seoul shares opened higher Tuesday, led by gains by major chipmakers, despite overnight losses on Wall Street, as hopes for a deal to end the war with Iran fade.
reliability low1/2 sourcesMarket bellwether Samsung Electronics rose 3.64 percent, while its chipmaking rival SK hynix jumped 6.38 percent.
reliability low1/2 sourcesElevated oil prices stoked inflation concerns, while prospects for a deal with Iran dimmed after US President Donald Trump said he was not interested in extending an agreement with Iran that was set to expire.
reliability low1/2 sources
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