Published : Oct. 14, 2016 - 09:33
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THE INVESTOR] South Korean shares opened higher on Oct. 14 on advances by large market caps. The benchmark KOSPI added 10.03 points, or 0.50 percent, to 2,025.47 in the first 15 minutes of trading.
Most large caps were in positive terrain, with market bellwether
Samsung Electronics advancing 0.45 percent.
Global chipmaker
SK hynix spiked 1.47 percent, with local auto industry leader
Hyundai Motor gaining 0.37 percent. Top steelmaker
POSCO advanced 0.95 percent, and leading chemicals producer
LG Chemical added 0.65 percent.
The local currency was trading at 1,131.60 won against the US dollar, up 4.30 won from the previous session’s close.
(
theinvestor@heraldcorp.com)