Stocks open slightly higher on overnight US gains
Published : Oct 19, 2017 - 09:49
Updated : Oct 19, 2017 - 09:49
South Korean stocks opened slightly higher Thursday, taking a cue from overnight gains on Wall Street.

The benchmark Korea Composite Stock Price Index climbed 2.70 points, or 0.11 percent, to 2,485.61 in the first 15 minutes of trading.


Market kingpin Samsung Electronics shed 1.35 percent , and SK hynix, a major chipmaker, fell 0.99 percent.

In contrast, Hyundai Motor, the No. 1 automaker, moved up 1.66 percent, and top chemical firm LG Chem rose 0.91 percent.

POSCO, the steelmaker, advanced 3.44 percent.

The local currency was trading at 1,131.60 won against the US dollar, down 1.7 won from the previous session's close. (Yonhap)