Seoul shares open higher on U.S. gains
Nov. 11, 2013
South Korean stocks opened higher Monday, tracking gains in U.S. peers overnight that were fueled by Washington's unexpectedly good payroll data, analysts said. The benchmark Korea Composite Stock Price Index (KOSPI) rose 3.4 points, or 0.17 percent, to 1,988.27 in the first 15 minutes of trading. IT service companies and financial firms gathered ground, with NAVER, the top Internet portal provider, jumping more than 3 percent and Hana Financial Group, the country's No. 3 lender, gaining 1 perce