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South Korean stocks got off to a strong start Thursday, fueled by gains in large-cap shares, analysts said.
The benchmark Korea Composite Stock Price Index (KOSPI) climbed 7.68 points, or 0.39 percent, to 1,985.13 in the first 15 minutes of trading.
Top-cap Samsung Electronics inched up 0.13 percent, with No. 1 carmaker Hyundai Motor rising 1.6 percent.
In contrast, utilities and textile firms lost ground, with state-run electricity provider Korea Electric Power Corp. sliding nearly 2 percent.
The local currency was trading at 1,057.40 won against the U.S. dollar, up 1.3 won from Wednesday's close. (Yonhap News)
The benchmark Korea Composite Stock Price Index (KOSPI) climbed 7.68 points, or 0.39 percent, to 1,985.13 in the first 15 minutes of trading.
Top-cap Samsung Electronics inched up 0.13 percent, with No. 1 carmaker Hyundai Motor rising 1.6 percent.
In contrast, utilities and textile firms lost ground, with state-run electricity provider Korea Electric Power Corp. sliding nearly 2 percent.
The local currency was trading at 1,057.40 won against the U.S. dollar, up 1.3 won from Wednesday's close. (Yonhap News)
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