Published : Aug. 10, 2016 - 09:45
[
THE INVESTOR] South Korean shares opened higher on Aug. 10, extending gains after hitting a nine-month high a day earlier.
The benchmark KOSPI rose 2.43 points, or 0.12 percent, to 2,046.21 in the first 15 minutes of trading.
Large caps traded mixed with market kingpin Samsung Electronics gaining 0.32 percent. Major chipmaker SK hynix fell 0.57 percent.
Naver, the country’s biggest internet portal, rose 1.32 percent.
Top automaker Hyundai Motor was flat, and its affiliate Kia Motors inched down 0.48 percent.
The local currency was trading at 1,101.65 won against the US dollar, up 4.45 won from the previous session’s close.
(
theinvestor@heraldcorp.com)