S. Korean shares snap 3
South Korean shares closed lower Friday to end their three-day winning streak amid speculation that the Federal Reserve may end its aggressive rate hike campaign on eased inflation woes. The local currency closed unchanged against the US dollar.
The benchmark Korea Composite Stock Price Index fell 18.33 points, or 0.74 percent, to close at 2,469.85.
Trade volume was slim at 382.7 million shares worth 7.9 trillion won ($6.13 billion), with losers outnumbering gainers 614 to 269.
Foreigners sold a net 80.3 billion won worth of local shares, while institutions scooped up a net 293.2 billion won. Individual investors sold a net 241.2 billion won worth of shares.
Local shares kicked off weaker as investors sat on the sidelines amid speculation that the US economy is cooling.
Data showed that the unemployment benefit claims in the world's largest economy have reached the highest level in three months. The US industrial output also shed 0.6 percent on-month in October.
"Battery makers traded down following losses from Tesla, with foreigners offloading tech shares as well," said Lee Kyung-min, an analyst at Daishin Securities.
In Seoul, top cap Samsung Electronics fell 0.41 percent to 72,500 won, and No. 2 chipmaker SK hynix shed 1.81 percent to 129,900 won.
Leading battery maker LG Energy Solution lost 2.37 percent to 432,000 won, and Samsung SDI slid 2.42 percent to 444,000 won.
Amid the decrease in global oil prices, SK Innovation, the top refiner, lost 1.95 percent to 136,100 won, and S-Oil dropped 1.74 percent to 67,800 won.
On the other hand, Korean Air shot up 2.73 percent to 22,550 won on the back of lower oil prices, with Jeju Air also advancing 10.44 percent to 11,950 won.
The local currency closed at 1,296.90 won per dollar, unchanged from the previous session's close. (Yonhap)
(责任编辑:게임)
- [Herald Review] ‘Single in Seoul’ a bland rom
- S. Korea hints at halt to 2018 inter
- S. Korea hints at halt to 2018 inter
- Korean ramen exports hit record high amid global K
- School violence drops, drugs among teens surge: police
- Priciest elite private high school costs over W30m a year
- 김영진, 원희룡 인천 계양을 출마설에 “이재명과 맞대결 환영”
- Abandoned dog with note and heart sparks anger
- Labor unions slam government efforts to attract more foreign workers
- S. Korea hints at halt to 2018 inter
- Seoul shares end up on tech gains ahead of Nvidia results
- Prosecutors seek 30
- Transgender blind spot in hospitalization: NHRCK
- More relevant than ever, closer to original musical 'Rent' returns for 9th run
- S. Korea, Japan, China agree to accelerate summit efforts
- "스벅 누가 마셔요"…중국서 스타벅스 꺾은 '이 브랜드'
- Mnet’s ‘Street Dance Girls Fighter 2’ targets global audience with multinational teen dancers
- Suneung might not see perfect scorer for first time in 13 years
- Korean Air orders 20 Airbus A321neo aircraft
- NIS seeking to form Asian cooperative body to counter drug crimes
- Seoul shares up nearly 1 pct on eased concerns over Middle East conflict views+
- S. Korea, US, Japan install trilateral communication hotline amid N. Korea, China challenges views+
- '2023 Box Gallery Exhibition' by Youth Impact shows art made of discarded paper views+
- S. Korea, US and Japan to conduct joint aerial exercise for 1st time: source views+
- 김성원 여의도연구원장 "공천장사 지라시, 허위사실 유포로 고소" views+
- S. Korean industries to see modest recovery in 2024: think tank views+
- BTS Jungkook's star views+
- S. Korean kidnapped in Philippines freed views+
- [사진] 수도권 상공 출격한 미군 B views+
- 안철수 측 "심장이상? 허위" 장성철 "安 쓰러져 심폐소생술" views+