Most Popular
-
1
Dongduk Women’s University halts coeducation talks
-
2
Defense ministry denies special treatment for BTS’ V amid phone use allegations
-
3
Russia sent 'anti-air' missiles to Pyongyang, Yoon's aide says
-
4
OpenAI in talks with Samsung to power AI features, report says
-
5
Two jailed for forcing disabled teens into prostitution
-
6
Trump picks ex-N. Korea policy official as his principal deputy national security adviser
-
7
South Korean military plans to launch new division for future warfare
-
8
S. Korea not to attend Sado mine memorial: foreign ministry
-
9
Kia EV9 GT marks world debut at LA Motor Show
-
10
Gold bars and cash bundles; authorities confiscate millions from tax dodgers
Korean shares open higher on foreign, institution buying
By a2016032Published : May 30, 2017 - 09:37
South Korean stocks opened higher Tuesday on increased buying by foreigners and institutions.
The benchmark Korea Composite Stock Price Index gained 1.03 points, or 0.04 percent, to 2,354.00 in the first 20 minutes of trading.
Bae Sung-young, a market analyst at KB Securities Co., said the index moved in a tight range due to a lack of upside momentum.
Large-cap stocks were mixed across the board.
Top automaker Hyundai Motor gained 0.62 percent, and auto parts maker Hyundai Mobis Co. was up 0.18 percent.
Meanwhile, market bellwether Samsung Electronics Co. lost 0.92 percent, and No. 2 chipmaker SK hynix Inc. was down 0.35 percent.
The local currency was trading at 1,122.75 won against the US dollar, down 1.05 won from the previous session's close. (Yonhap)
