] South Korean shares opened higher on Oct. 14 on advances by large market caps. The benchmark KOSPI added 10.03 points, or 0.50 percent, to 2,025.47 in the first 15 minutes of trading.
Most large caps were in positive terrain, with market bellwether Samsung Electronics
advancing 0.45 percent.
Global chipmaker SK hynix
spiked 1.47 percent, with local auto industry leader Hyundai Motor
gaining 0.37 percent. Top steelmaker POSCO
advanced 0.95 percent, and leading chemicals producer LG Chemical
added 0.65 percent.
The local currency was trading at 1,131.60 won against the US dollar, up 4.30 won from the previous session’s close.