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)
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)