Seoul shares open tad higher on large-cap gains
Feb. 12, 2013
South Korean stocks opened a tad higher on Tuesday, driven by gains in large-cap firms, analysts said. The benchmark Korea Composite Stock Price Index (KOSPI) added 2.36 points, or 0.12 percent, to 1,953.26 in the first 15 minutes of trading. Top-cap Samsung Electronics climbed nearly 1 percent, with second-largest listed company Hyundai Motor advancing 0.8 percent and chipmaker SK hynix rising 1.2 percent. The local currency was trading at 1,096.20 won against the U.S. dollar as of 9:15 a.m.,