Seoul stocks open tad higher as Fed holds rates ahead of Samsung earnings report
South 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 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 percent in the previous session. Overnight, US stocks gained after the Federal Open Market Committee voted 10
Source: The Korea Herald