Home

The Korea Herald

Latest news

Most Popular

  1. 1

    Contentious grain bill put directly to plenary meeting for vote

    Contentious grain bill put directly to plenary meeting for vote
  2. 2

    Yoon's approval rating plunges to all-time low

    Yoon's approval rating plunges to all-time low
  3. 3

    Will tug-of-war between doctors, government end soon?

    Will tug-of-war between doctors, government end soon?
  4. 4

    Climate impacts set to cut 2050 global GDP by nearly a fifth

    Climate impacts set to cut 2050 global GDP by nearly a fifth
  5. 5

    Trilateral talks acknowledge ‘serious’ slumps of won, yen

    Trilateral talks acknowledge ‘serious’ slumps of won, yen
  1. 6

    [Graphic News] More Koreans say they plan long-distance trips this year

    [Graphic News] More Koreans say they plan long-distance trips this year
  2. 7

    [KH Explains] Hyundai's full hybrid edge to pay off amid slow transition to pure EVs

    [KH Explains] Hyundai's full hybrid edge to pay off amid slow transition to pure EVs
  3. 8

    North Korea removes streetlights along cross-border roads with South

    North Korea removes streetlights along cross-border roads with South
  4. 9

    Russia's denial of entry of S. Korean national unrelated to bilateral ties: Seoul official

    Russia's denial of entry of S. Korean national unrelated to bilateral ties: Seoul official
  5. 10

    Farming households dip below 1m for first time in 2023

    Farming households dip below 1m for first time in 2023
소아쌤

Korean stocks up more than 1% in late morning trade

By KH디지털2

Published : March 13, 2017 - 11:32

    • Link copied

South Korean stocks traded sharply higher late Monday morning as political chaos in the country eased after the Constitutional Court ruled to oust President Park Geun-hye and investors increased risky bets.

The benchmark Korea Composite Stock Price Index rose 22.95 points, or 1.09 percent, to 2,120.30 as of 11:20 a.m.

An image depicting the stock market (123RF) An image depicting the stock market (123RF)

Top market cap Samsung Electronics advanced 1.79 percent to a record high, major chipmaker SK hynix jumped 3.05 percent, and top automaker Hyundai Motor rose 0.34 percent.

AmorePacific, the country's top cosmetics maker, gained 3.3 percent, and Shinhan Financial, a major banking group, advanced 1.9 percent.

In contrast, POSCO, the No. 1 steelmaker, shed 0.88 percent and Hyundai Mobis, the country's top auto parts maker, fell 0.82 percent.

The South Korean won was trading at 1,149.05 against the US greenback, up 8.35 from the previous session's close. (Yonhap)

More from Headlines