[THE INVESTOR] South Korean shares opened higher on Sept. 19, on eased worries over a rate hike in the United States.The benchmark KOSPI rose 1.30 points, or 0.07 percent, to 2,000.66 in the first 15 minutes of trading.The main index continued to gain after marking a 0.4 percent increase for the whole of last week. On Sept. 13, it closed at 1,999.36. The local bourse was closed starting Sept. 14 due to Chuseok.Investors will closely watch the minutes of the Federal Open Market Committee’s discus

[THE INVESTOR] South Korean stocks ended with gains on Sept. 13, snapping a two-day losing streak, on the back of eased worries about a possible US rate hike and rebound in the shares Samsung Electronics, analysts said. The local currency fell against the US dollar.The benchmark KOSPI climbed 7.88 points, or 0.4 percent, to 1,999.36. Trade volume came to 432.41 million shares worth 5.07 trillion won (US$4.52 billion), with gainers outnumbering losers 485 to 325.The KOSPI’s advance came after dec

[THE INVESTOR] South Korean stocks extended gains late morning on Sept. 13 on the back of eased worries about a possible US rate hike and rebound in the shares of market kingpin Samsung Electronics, analysts said.The benchmark KOSPI gained 8.49 points, or 0.43 percent, to 1,999.97 as of 11:20 a.m.Samsung Electronics jumped 5.05 percent following big losses in the previous session.SK Innovation, the nation’s largest refiner, also increased 1.90 percent.Auto shares were mixed, with leading automak

[THE INVESTOR] South Korean shares sank 2.28 percent on Sept. 12, to hit an almost three-month low, as investors were spooked by continued setbacks in the global market and growing geopolitical tensions following North Korea’s nuclear test. The local currency fell sharply against the US dollar.The benchmark KOSPI dropped 46.39 points to 1,991.48. Trading volume was moderate at 41.87 million shares, worth 4.75 trillion won (US$4.26 billion). Losers outnumbered gainers 635 to 185.It marks the bigg

[THE INVESTOR] South Korean shares got off to a weak start on Sept. 12 as investors dumped blue chips on heightened worries over the global economy and other issues, analysts said. The benchmark KOSPI dropped 32.45 points, or 1.59 percent, to 2,005.42 in the first 15 minutes of trading.Top market cap Samsung Electronics dipped 5.08 percent, and SK Innovation, the nation’s largest refiner, fell 2.57 percent.Auto shares also fell, with leading automaker Hyundai Motor inching down 0.36 percent, and

[THE INVESTOR] South Korean stocks dropped more than 1 percent on Sept. 9, as investors were spooked by North Korea’s nuclear test, analysts said. The Korean won fell against the US dollar.The benchmark KOSPI shed 25.86 points, or 1.25 percent, to close at 2,037.87. Trade volume was moderate at 387 million shares worth 4.16 trillion won (US$3.79 billion), with losers outnumbering gainers 591 to 218.South Korean stocks opened weak on overnight falls on Wall Street but extended losses following ne

[THE INVESTOR] South Korean stocks opened lower on Sept. 9 on overnight losses in Wall Street.The benchmark KOSPI shed 17.57 points, or 0.85 percent, to 2,046.16 in the first 15 minutes of trading. US stocks closed lower on Sept. 8 on a slump in tech stocks, with the Dow Jones industrial average losing 0.3 percent to 18,479.91 points in the face of a dip in Apple Inc.Apple fell some 2.5 percent as its latest iPhone 7 failed to appeal to Wall Street.Most large caps traded mixed with market kingpi