The Korea Herald

지나쌤

Seoul stocks open higher on financial, tech gains

By Yonhap

Published : March 31, 2022 - 09:32

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An electronic board showing the Korea Composite Stock Price Index (Kospi) at a dealing room of the Hana Bank headquarters in Seoul on Thursday. (Yonhap) An electronic board showing the Korea Composite Stock Price Index (Kospi) at a dealing room of the Hana Bank headquarters in Seoul on Thursday. (Yonhap)

South Korean shares opened higher Thursday, buoyed by financial and tech advances, despite overnight falls on Wall Street.

The benchmark Korea Composite Stock Price Index (KOSPI) had increased 9.89 points, or 0.36 percent, to trade at 2,756.63 points of 9:15 a.m.

Most large caps traded higher in Seoul.

KOSPI's top cap Samsung Electronics traded flat, and battery giant LG Energy Solution grew 0.45 percent.

Financial heavyweight KB Financial Group increased 1.17 percent, and mobile messenger operator Kakao climbed 0.94 percent.

The local currency was trading at 1,210.75 won against the US dollar, up 1.15 won from the previous session's close. (Yonhap)