Most Popular
-
1
[Exclusive] Korean military set to ban iPhones over 'security' concerns
![[Exclusive] Korean military set to ban iPhones over 'security' concerns](//res.heraldm.com/phpwas/restmb_idxmake.php?idx=644&simg=/content/image/2024/04/23/20240423050599_0.jpg&u=20240423183955)
-
2
Korean, Romanian leaders discuss defense tech, nuclear energy
-
3
[Graphic News] 77% of young Koreans still financially dependent
![[Graphic News] 77% of young Koreans still financially dependent](//res.heraldm.com/phpwas/restmb_idxmake.php?idx=644&simg=/content/image/2024/04/22/20240422050762_0.gif&u=)
-
4
S. Korea calls on Japan to confront history amid Yasukuni Shrine visit
-
5
Yoon’s jailed mother-in-law excluded from latest parole list
![[Exclusive] Korean military set to ban iPhones over 'security' concerns](http://res.heraldm.com/phpwas/restmb_idxmake.php?idx=644&simg=/content/image/2024/04/23/20240423050599_0.jpg&u=20240423183955)
![[Graphic News] 77% of young Koreans still financially dependent](http://res.heraldm.com/phpwas/restmb_idxmake.php?idx=644&simg=/content/image/2024/04/22/20240422050762_0.gif&u=)
-
6
Hybe and Min Hee-jin, CEO of Hybe sublabel Ador, lock horns
-
7
[Pressure points] Leggings in public: Fashion statement or social faux pas?
![[Pressure points] Leggings in public: Fashion statement or social faux pas?](//res.heraldm.com/phpwas/restmb_idxmake.php?idx=644&simg=/content/image/2024/04/23/20240423050669_0.jpg&u=)
-
8
Yoo Jae-suk, Yoo Yeon-seok team up in 'Whenever Possible'
-
9
Aging population to drive down Korea's housing prices from 2040: experts
-
10
North Korea holds drills simulating nuclear counterattack against enemy
![[Pressure points] Leggings in public: Fashion statement or social faux pas?](http://res.heraldm.com/phpwas/restmb_idxmake.php?idx=644&simg=/content/image/2024/04/23/20240423050669_0.jpg&u=)
Korean shares open higher on eased political uncertainties
By KH디지털2Published : March 13, 2017 - 09:46
South Korean stocks opened higher Monday on eased political uncertainties following the ouster of President Park Geun-hye over a corruption scandal.
The benchmark Korea Composite Stock Price Index rose 10.88 points, or 0.52 percent, to 2,108.23 as of 9:15 a.m.
South Korea's Constitutional Court upheld the ouster of Park on Friday, acknowledging she abused her power to help her confidante Choi Soon-sil pursue personal gains.
"The decision removed political uncertainties, which in turn have had a positive effect on the bourse," said Kim Ye-eun, an analyst at Cape Investment & Securities.
The US stock market closed slightly higher Friday, with the Dow Jones industrial average advancing 0.21 percent.
Most large-cap stocks were mixed across the board.
Market bellwether Samsung Electronics Co. rose 0.45 percent, and No. 2 chipmaker SK hynix Inc. was up 0.61 percent.
Meanwhile, top auto parts maker Hyundai Mobis Co. was down 0.61 percent.
The local currency was trading at 1,149.95 won against the US dollar, up 7.45 won from the previous session's close. (Yonhap)
