Published : Sept. 7, 2016 - 09:43
[THE INVESTOR] South Korean stocks opened slightly higher on Sept.7, on overnight gains in Wall Street.
The benchmark KOSPI rose 3.36 points, or 0.16 percent, to 2,069.89 in the first 15 minutes of trading.
US stocks rose slightly on Sept. 6, with the tech-laden NASDAQ Composite reaching a record high, as economic data cemented views that the Fed may hold off its much-awaited decision.
Most large caps traded mixed with market kingpin Samsung Electronics rising 0.24 percent.
Top automaker Hyundai Motor shed 0.36 percent, and top steelmaker POSCO gained 1.05 percent.
Naver, the operator of the country’s top internet portal, remained flat.
The local currency was trading at 1,092.95 won against the US dollar, sharply up 12.25 won from the previous session’s close.
(
theinvestor@heraldcorp.com)