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Korean share prices opened in the positive Tuesday to track overnight gains on Wall Street. Rebounding oil prices also helped bolster the main index.
The benchmark Korea Composite Stock Price Index advanced 10.62 points, or 0.55 percent, to 1,926.98 in the first 15 minutes of trading. The KOSPI was trading 0.94 percent higher at 1917.30 points as of 10:24 a.m.
The benchmark Korea Composite Stock Price Index advanced 10.62 points, or 0.55 percent, to 1,926.98 in the first 15 minutes of trading. The KOSPI was trading 0.94 percent higher at 1917.30 points as of 10:24 a.m.
Market bellwether Samsung Electronics inched up 0.6 percent, and top automaker Hyundai Motor rose 0.34 percent. Refiner SK Innovation rose 4.55 percent, and its smaller rival S-Oil gained 2.9 percent.
The local currency was trading at 1,227.05 won against the U.S. dollar, up 7.35 won from Monday‘s close.
On Monday, Wall Street stocks added nearly 1.5 percent Monday, boosted by gains in oil-related firms and tech companies.
(khnews@heraldcorp.com)
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Articles by Korea Herald
