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South Korean Stocks Close Higher amid Weak US Jobs Data

Written: 2025-09-08 17:07:09Updated: 2025-09-08 17:09:04

South Korean Stocks Close Higher amid Weak US Jobs Data

Photo : YONHAP News

For the fifth straight session, South Korean shares closed higher, Monday, amid weak U.S. jobs data, leading investors to expect U.S. rate cuts.

The benchmark Korea Composite Stock Price Index rose 14-point-47 points, or zero-point-45 percent, Monday to close at three-thousand-219-point-59.

The tech-heavy KOSDAQ gained seven-point-20 points, or zero-point-89 percent, to close at 818-point-60.

Technology and defense shares led the gains, while car manufacturers Hyundai Motor and its affiliate Kia suffered losses. 

This comes after a raid last week at a Hyundai Motor plant in the United States saw about 475 workers detained over alleged visa violations.

Meanwhile, the South Korean won strengthened against the U.S. dollar to reach one-thousand-390-point-six won.

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