Home

The Korea Herald

Latest news

Most Popular

  1. 1

    Contentious grain bill put directly to plenary meeting for vote

    Contentious grain bill put directly to plenary meeting for vote
  2. 2

    Yoon's approval rating plunges to all-time low

    Yoon's approval rating plunges to all-time low
  3. 3

    Will tug-of-war between doctors, government end soon?

    Will tug-of-war between doctors, government end soon?
  4. 4

    Climate impacts set to cut 2050 global GDP by nearly a fifth

    Climate impacts set to cut 2050 global GDP by nearly a fifth
  5. 5

    Trilateral talks acknowledge ‘serious’ slumps of won, yen

    Trilateral talks acknowledge ‘serious’ slumps of won, yen
  1. 6

    [Graphic News] More Koreans say they plan long-distance trips this year

    [Graphic News] More Koreans say they plan long-distance trips this year
  2. 7

    [KH Explains] Hyundai's full hybrid edge to pay off amid slow transition to pure EVs

    [KH Explains] Hyundai's full hybrid edge to pay off amid slow transition to pure EVs
  3. 8

    North Korea removes streetlights along cross-border roads with South

    North Korea removes streetlights along cross-border roads with South
  4. 9

    Russia's denial of entry of S. Korean national unrelated to bilateral ties: Seoul official

    Russia's denial of entry of S. Korean national unrelated to bilateral ties: Seoul official
  5. 10

    Farming households dip below 1m for first time in 2023

    Farming households dip below 1m for first time in 2023
소아쌤

Korean shares open higher on foreign buying

By a2016032

Published : May 29, 2017 - 09:33

    • Link copied

South Korean stocks opened higher Monday on increased foreign buying.

The benchmark Korea Composite Stock Price Index gained 8.11 points, or 0.34 percent, to 2,363.41 in the first 15 minutes of trading.

(Yonhap) (Yonhap)

The broad index didn't track Friday's losses on Wall Street.

The Dow Jones industrial average dropped 0.01 percent.

Kim Ye-eun, an analyst at Cape Investment & Securities, said foreign investors bought large-cap stocks, giving a boost to the main index.

Large-cap stocks were mixed across the board. Market bellwether Samsung Electronics Co. gained 0.48 percent, and No. 2 chipmaker SK hynix Inc. was up 0.88 percent.

Meanwhile, top auto parts maker Hyundai Mobis Co. fell 0.71 percent, and top steelmaker Posco was down 0.18 percent.

The local currency was trading at 1,119.55 won against the US dollar, up 1.15 won from the previous session's close. (Yonhap)

More from Headlines