Seoul shares open higher on yen's rise
June 4, 2013
South Korean stocks got off to a strong start Tuesday, as a rising Japanese currency lifted investor sentiment here, analysts said. The benchmark Korea Composite Stock Price Index (KOSPI) gained 9.40 points, or 0.47 percent, to 1,998.97 in the first 15 minutes of trading. Most shares gathered ground across the board, with large-cap exporters leading the gain. Market behemoth Samsung Electronics inched up 0.2 percent, and No. 1 carmaker Hyundai Motor advanced 0.7 percent. The yen rebounded to 99