Shares started lower Tuesday as big-cap tech shares fell across the board. The Kospi shed 10.94 points, or 0.4 percent, to 2,731.20 in the first 15 minutes of trading.
The main Kospi bourse climbed 17.52 points, or 0.64 percent, to 2,742.14, rebounding from a 1.03 percent drop the previous session ahead of a rate decision by the U.S. Federal Reserve.
Shares started higher Monday on continued hopes for a possible U.S. rate cut.
The Kospi slumped 1 percent following a rally driven by hopes for rate cuts from the Fed. Wall Street stocks declined and foreign investors offloaded Korean shares.
Korea added more than 260,000 jobs in April, driven by a marked increase in manufacturing roles due to export growth, with more people aged 60 and over entering the workforce.
Shares started a tad lower Friday following the previous day's rally amid hopes for a U.S. rate cut.
Shares got off to a strong start Thursday on hopes for the U.S. Federal Reserve's possible rate cut after slower-than-expected inflation in the world's largest economy.
The town hall meetings must function as a tool to form a consensus on government policies, not as a means to show off the president’s field trips.
A shopper picks out an instant coffee mix from a shelf containing assorted instant coffee products at a market in Seoul on Tuesday.
Shares ended slightly higher Tuesday as investors took a wait-and-see stance with U.S. inflation data expected to affect the U.S. Federal Reserve's rate-setting decision. The won dropped in value against the dollar.
Korea JoongAng Daily Sitemap