您的当前位置：首页 > 자동차 > Seoul shares open higher on stock short selling ban 正文
时间：2023-12-10 05:46:24 来源：网络整理 编辑：자동차
South Korean stocks opened higher Monday as the country launched a temporary ban on stock short sell
South Korean stocks opened higher Monday as the country launched a temporary ban on stock short selling to crack down on illegal market practices by global investment banks.
The benchmark Korea Composite Stock Price Index climbed 48.16 points, or 2.03 percent, to 2,416.50 in the first 15 minutes of trading.
On Sunday, the Financial Services Commission announced the ban on stock short selling, effective starting Monday through the end of June 2024, citing concerns about growing market volatility and the illegal short selling practices undermining market stability.
In Seoul, steel and battery shares led the overall gains, with top steelmaker Posco Holdings rising 7.42 percent and leading battery company LG Energy Solution soaring 10.45 percent.
Chemical shares kicked off higher as well, with chemical giant LG Chem increasing 4.35 percent and major oil refiner SK Innovation gaining 4.74 percent.
Leading carmaker Hyundai Motor rose 0.98 percent, and its smaller affiliate Kia added 0.9 percent. Auto parts maker Hyundai Mobis moved up 0.46 percent.
The local currency was trading at 1,312.05 won against the U.S. dollar at 9:15 a.m., up 10.35 won from the previous session's close. (Yonhap)
Yoon nominates former boss to head broadcasting watchdog2023-12-10 05:42
Korea Herald, Indonesia's Kompas vow to deepen media ties2023-12-10 05:24
Requirements for zoo licenses set to be toughened2023-12-10 04:54
[News Focus] Why Kim Jong2023-12-10 04:32
Another search targets opposition leader in corruption probe2023-12-10 04:32
Seoul shares open tad higher on tech, financial gains2023-12-10 04:22
윤 대통령, 엑스포 불발 1주만에 부산행 “지역현안 완벽 추진”2023-12-10 04:10
LG wins SOAFEE board membership to join Arm, Bosch2023-12-10 05:31
Hyundai, Kia named top exporters of the year2023-12-10 05:10
[Today’s K2023-12-10 04:27
Scalpers take bigger cut of Korean music industry2023-12-10 03:47
Citibank Korea hosts digital forum for corporate clients2023-12-10 03:33
Storing away for a more compact life2023-12-10 03:03