November 23, 2023Business Desk

South Korean shares tick up after Wall Street gains

Shares surged on optimism that the US Fed may be done raising interest rates & that the economy remains resilient

Source: Pexels

Benchmark KOSPI rose 9.95 points, or 0.40%, to 2,521.65 by 02:01 GMT

Source: Pexels

Among index heavyweights, chipmaker Samsung Electronics fell 0.14% and peer SK Hynix lost 0.38%, while battery maker LG Energy Solution climbed 1.70%

Source: Pexels

Of the total 935 traded issues, 483 shares advanced, while 381 declined

Source: Pexels