The Korea Herald

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Seoul shares open higher on techs, shipbuilders

By KH디지털2

Published : Nov. 27, 2015 - 10:40

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South Korean stocks opened higher Friday on the back of gains in technology companies and shipbuilders.

The benchmark Korea Composite Stock Price Indexinched up 5.62 points, or 0.28 percent, to 2,036.30 in the first 15 minutes of trading.

Market behemoth Samsung Electronics advanced 0.75 percent, and LG Display moved up 2.78 percent. Global chipmaker SK hynix moved up 1.22 percent.

Shipbuilders also started higher, with Hyundai Heavy Industries moving up 0.75 percent and Samsung Heavy Industries increasing 1.24 percent. Daewoo Shipbuilding & Marine Engineering jumped 4.33 percent.

The local currency was trading at 1,150.80 won against the U.S. dollar as of 9:15 a.m., up 3.5 won from Thursday's close. (Yonhap)