Inter-Korean tension worsens in Q1: survey

Stocks open higher on autos, telecoms

kh close


Published : 2014-03-24 11:15
Updated : 2014-03-24 11:15

The local stock market started higher on Monday on the back of gains in automakers and mobile carriers, according to analysts.

The benchmark Korea Composite Stock Price Index (KOSPI) added 14.23 points, or 0.74 percent, to 1,949.17 in the first 15 minutes of trading.

Carmakers led the gain, with No. 1 carmaker Hyundai Motor adding 0.64 percent and its autoparts affiliate Hyundai Mobis rising 1.33 percent. Kia Motors, the country's No. 2 carmaker, moved up 0.51 percent.

Mobile carriers also gathered ground, with leading SK Telecom rising 1.44 percent and its smaller rival KT climbing 0.51 percent.

LG Uplus, the smallest player, advanced 1.2 percent.

The local currency was trading at 1,078.90 won against the U.S. dollar as of 9:15 a.m., up 1.40 won from Friday's close.



Photo News

한혜진 누드화보 '아슬아슬'

트레이너 정아름, 환상적인 몸매 뽐내

장윤주 가슴 C컵 ‘자연산 맞다’