0023 GMT - South Korea's benchmark Kospi rises 0.3% to 2448.93 in early trade, as shipbuilding and semiconductor stocks advance. Wall Street's gains overnight support sentiment. Retail investors are net buyers. Trading volume is thin ahead of the Christmas holiday. Memory-chip maker SK Hynix is 0.8% higher, tracking its U.S. AI-chip making client Nvidia's rally. Shipbuilder HD Hyundai Heavy Industries rises 3.9%, leading a broad rally among local shipmakers. USD/KRW is 0.1% higher at 1,453.25, compared with the prior session's Seoul onshore trading close. South Korea's 10-year government bond yield is down 2.9 bps at 2.844%.(kwanwoo.jun@wsj.com)
(END) Dow Jones Newswires
December 23, 2024 19:23 ET (00:23 GMT)
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