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Opposition head pleads for support in ‘fight against Yoon dictatorship’
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Koreans prefer cash in Chuseok gifting for parents
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Apple to launch iPhone15 series in S. Korea on Oct. 13
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S. Korea, US conduct underwater search operation for downed jet, Korean War remains
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[Well-curated] A weekend for fall-time festivities
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BTS' Suga begins military service
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[Jean Guerrero] What first-generation students need
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Surveillance cameras to be a must in hospital operating rooms
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U.S. finalizes national security 'guardrails' for CHIPS funding
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Ministry uncovers 1,802 Youth Protection Act violations
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Seoul shares open nearly flat on lingering US debt ceiling concerns
By YonhapPublished : May 17, 2023 - 09:34
South Korean stocks started nearly unchanged Wednesday amid protracted US debt-ceiling negotiations.
The benchmark Korea Composite Stock Price Index fell 0.11 point to 2,480.13 in the first 15 minutes of trading.
On Wall Street, the Dow Jones Industrial Average tumbled 1.01 percent and the tech-heavy Nasdaq Composite declined 0.18 percent as investors awaited developments in the negotiations on debt deals.
In Seoul, big caps traded in mixed territories.
Top carmaker Hyundai Motor rose 0.74 percent and its auto parts affiliate Hyundai Mobis went up 0.91 percent.
LG Display soared 4.47 percent on the latest news report that it will supply OLED TV panels to Samsung Electronics, which fell 0.31 percent.
Leading retailer Lotte Shopping fell 0.98 percent, and Shinsegae dropped 0.25 percent.
The local currency was trading at 1,341.45 won against the US dollar as of 9:15 a.m., down 2.85 won from Tuesday's close. (Yonhap)
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