Yoon pushes for Xi’s visit to firm up ties with China
Esports legend Faker seeks to lead Korean surge at Asian Games
Incheon Airport passenger traffic to recover during Chuseok holiday
[Hello Hangeul] The making of Korean language textbooks featuring BTS
Korea’s parental leave benefits lag behind OECD average
Seoul prepares for first major military parade in ten years
Korea trade volume sees sharp drop among OECD members
2m Koreans opt out of life-extending treatments
[Korea Beyond Korea] Early Koreanists 'on verge of extinction overseas'
Chief justice seat at top court left vacant amid Assembly chaos
Seoul shares open higher on tech blue chipsBy a2017001
Published : May 16, 2017 - 09:46
South Korean stocks got off to a strong start Tuesday, buoyed by bullish tech large caps, analysts said.
The benchmark Korea Composite Stock Price Index climbed 13.38 points, or 0.58 percent, to trade at 2,304.03 in the first 15 minutes of trading.
Market behemoth Samsung Electronics gained more than 1 percent, with chipmaker SK hynix advancing nearly 2 percent. Brokerage firms also gathered ground, led by an around 2 percent gain by Mirae Asset Daewoo Securities.
On the other hand, domestic-focused issues moved downward. State-run utility firm Korea Electric Power Corp. dipped 2.4 percent, and confectionery maker Orion fell almost 2 percent.
The local currency was trading at 1,116.80 won against the US dollar as of 9:15 a.m., up 6.8 won from Monday's close. (Yonhap)
Opposition leader Lee attends arrest warrant hearing at Seoul court
Yoon says S. Korea-US alliance will end NK regime in event of nuclear weapons use
Blinken says N. Korea-Russia military cooperation threatens global peace