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Seoul stocks open sharply higher, led by techs

South Korean shares opened sharply higher Tuesday, boosted by technology stocks as investors displayed optimism over third-quarter earnings.

The benchmark Korea Composite Stock Price Index gained 32.61 points, or 1.36 percent, to 2,427.08 in the first 15 minutes of trading.


Most large caps had mixed fortunes, with market kingpin Samsung Electronics jumping 4.49 percent.

Top automaker Hyundai Motor fell 0.33 percent, while top steelmaker POSCO rose 1.42 percent.

The local currency was trading at 1,141.25 won against the US dollar, up 4.15 won from the previous session's close. (Yonhap)