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Seoul shares open higher on securities gains

April 28, 2016 - 10:53 By Korea Herald
Korean share prices opened higher Thursday on a rally in securities shares.

The benchmark Korea Composite Stock Price Index rose 6.46 points, or 0.32 percent, to 2,021.86 in the first 15 minutes of trading.

Traders monitor Seoul share prices at a local bank. (Yonhap)

Analysts said investors were calmed after seeing the U.S. central bank leave the interest rate unchanged in its policy meeting on Wednesday.

Tech shares such as Samsung Electronics and SK hynix were trading lower in mid-morning trading.

Web portal operator Naver and steelmaker POSCO was up, while Hyundai Motor was trading lower.

(khnews@heraldcorp.com)