Seoul stocks open tad higher as Fed holds rates ahead of Samsung earnings report

Korea Times News ·
Economy Markets South Korea
South Korea

Korean stocks opened slightly higher Thursday, buoyed by the Federal Reserve's decision to hold interest rates steady and expectations for strong third-quarter earnings from Samsung Electronics amid robust memory chip demand. The benchmark Korea Composite Stock Price Index (KOSPI) added 10.2 points, or 0.17 percent, to 6,022.64 as of 9:15 a.m., extending its rally after surging more than 6…

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