The Korea Herald

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Seoul shares open almost flat ahead of China's data release

By 윤민식

Published : July 10, 2013 - 10:15

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South Korean stocks opened almost unchanged Wednesday as investors took to the sidelines ahead of the release of Chinese export data scheduled later in the day, analysts said.

The benchmark Korea Composite Stock Price Index (KOSPI) added 0.28 points, or 0.02 percent to 1,830.63 in the first 15 minutes of trading.

Large-cap exporters led the climb, with Samsung Electronics gaining 0.5 percent and Hyundai Motor rising nearly 1 percent.

Blue-chip state-run electricity provider Korea Electric Power jumped 1.5 percent.

The local currency was trading at 1,142.10 won against the U.S. dollar as of 9:15 a.m., down 0.4 won from Tuesday's close. (Yonhap News)