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  • Seoul shares open higher on auto gains
    Seoul shares open higher on auto gains
    South Korean stocks opened slightly higher Thursday, led by gains in auto-related shares, analysts said. The benchmark Korea Composite Stock Price Index (KOSPI) climbed 3.1 points, or 0.15 percent, to 2,004.30 in the first 15 minutes of trading. No. 1 carmaker Hyundai Motor gained nearly 1 percent, with its smaller affiliate Kia Motors jumping nearly 2.4 percent. Its auto-parts maker Hyundai Mobis also advanced 1.2 p...
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Seoul shares open higher on auto gains

May 30, 2013 - 09:33 By 윤민식
South Korean stocks opened slightly higher Thursday, led by gains in auto-related shares, analysts said.

The benchmark Korea Composite Stock Price Index (KOSPI) climbed 3.1 points, or 0.15 percent, to 2,004.30 in the first 15 minutes of trading.

No. 1 carmaker Hyundai Motor gained nearly 1 percent, with its smaller affiliate Kia Motors jumping nearly 2.4 percent. Its auto-parts maker Hyundai Mobis also advanced 1.2 percent.

The local currency was trading at 1,127.85 won against the U.S. dollar as of 9:15 a.m., up 5.05 won from Wednesday's close. (Yonhap News)



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