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South Korean stocks opened higher Tuesday on gains in technology firms and builders, analysts said.
The benchmark Korea Composite Stock Price Index (KOSPI) increased 10.38 points, or 0.53 percent, to 1,978.56 in the first
15 minutes of trading.
Tech blue chips led the gain, with market behemoth Samsung Electronics advancing 1.04 percent and its smaller rival LG Electronics moving up 1.99 percent. Leading chipmaker SK hynix added 1.41 percent.
Construction firms also gathered ground, with Hyundai Engineering & Construction climbing 1.11 percent and Daewoo Engineering & Construction rising 0.68 percent.
The local currency was trading at 1,108.65 won to the U.S. dollar as of 9:15 a.m., up 5.95 won from Monday's close. (Yonhap News)
The benchmark Korea Composite Stock Price Index (KOSPI) increased 10.38 points, or 0.53 percent, to 1,978.56 in the first
15 minutes of trading.
Tech blue chips led the gain, with market behemoth Samsung Electronics advancing 1.04 percent and its smaller rival LG Electronics moving up 1.99 percent. Leading chipmaker SK hynix added 1.41 percent.
Construction firms also gathered ground, with Hyundai Engineering & Construction climbing 1.11 percent and Daewoo Engineering & Construction rising 0.68 percent.
The local currency was trading at 1,108.65 won to the U.S. dollar as of 9:15 a.m., up 5.95 won from Monday's close. (Yonhap News)
