Seoul shares open higher on strong US jobs data
July 12, 2016
[THE INVESTOR] South Korean shares opened a little higher on July 12, following overnight gains on Wall Street boosted by strong US jobs data.The benchmark Korea Composite Stock Price Index rose 3.08 points, or 0.15 percent, to 1,991.62 in the first 15 minutes of trading.The KOSPI’s advance, however, was limited due to a burden from a 0.83 percent rise a day earlier. Institutional investors were net sellers, while foreigners and individuals were net buyers.In New York, the S&P 500 soared to an a