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South Korean stocks opened higher Wednesday on gains in shipbuilders and technology firms, analysts said.
The benchmark Korea Composite Stock Price Index (KOSPI) gained 2.79 points, or 0.15 percent, to 1,857.81 in the first 15 minutes of trading.
Shipbuilders gathered ground, with Samsung Heavy Industries advancing 0.56 percent and Daewoo Shipbuilding & Marine Engineering moving up 0.39 percent. Leading carmaker Hyundai Motor added 0.7 percent.
Tech shares mostly traded bullish, with SK hynix climbing 2.78 percent and leading flat panel maker LG Display rising 1.29 percent. In contrast, market behemoth Samsung Electronics shed 0.22 percent.
The local currency was trading at 1,137.60 won against the U.S. dollar as of 9:15 a.m., down 3.60 won from Tuesday's close. (Yonhap News)
