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Kospi opens higher on imminent end to U.S. gov't shutdown

Published: 13 Nov. 2025, 10:55

A screen in Hana Bank's trading room in central Seoul shows the Kospi opening on Nov. 13. [YONHAP]

Shares opened higher Thursday as the U.S. House of Representatives voted to end the record-long government shutdown, lifting investor sentiment.

The Kospi rose 6.21 points, or 0.15 percent, to 4,156.60 in the first 15 minutes of trading.

The Korean financial market opened an hour later than usual at 10 a.m. due to the nationwide college entrance exam.

Overnight, U.S. stocks closed mixed, with the Dow Jones Industrial Average rising 0.68 percent and the tech-heavy Nasdaq composite slipping 0.26 percent.

The U.S. House of Representatives voted to end the 43-day government shutdown following the Senate's passage of a short-term funding bill.

In Seoul, technology stocks led the gains.

Market bellwether Samsung Electronics rose 0.87 percent, and its chip rival SK hynix climbed 0.16 percent.

Leading steelmaker Posco Holdings jumped 2.67 percent, and LG Chem advanced 3.3 percent.

Among decliners, state-run Korea Gas Corp. fell 1.28 percent, and leading battery maker LG Energy Solution declined 0.11 percent.

The won's value had been trading at 1,473.25 won against the dollar as of 10:15 a.m., down 0.51 percent from the previous session of 1,465.70 won.

Yonhap