share_log

Korea's Kospi 0.6% Higher, Led by Biotech, Electronics Stocks -- Market Talk

Dow Jones Newswires ·  Nov 15, 2021 08:22

0019 GMT - South Korea's Kospi is 0.6% higher at 2985.23 in early trade, led by biotech, electronics and shipbuilding stocks. Foreign and retail investors remain net buyers. Index heavyweight Samsung Electronics is 0.7% higher. Biotech company Celltrion Inc. jumps 5.6% after the European Commission granted its Covid-19 antibody treatment marketing approval. Its local peer Samsung Biologics gains 1.9%. Memory-chip maker SK Hynix advances 3.3%. Apple supplier and camera-module maker LG Innotek climbs 4.1%. Asiana Airlines adds 2.1% ahead of its 3Q earnings release later in the day. Daewoo Shipbuilding & Marine Engineering is 1.4% higher.(kwanwoo.jun@wsj.com)

The above content is for informational or educational purposes only and does not constitute any investment advice related to Futu. Although we strive to ensure the truthfulness, accuracy, and originality of all such content, we cannot guarantee it.
    Write a comment