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피터빈트

Seoul shares open higher after U.S. gains

By Korea Herald

Published : Feb. 23, 2016 - 11:15

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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. 

Korean share prices are displayed on an electronic board at the Korea Exchange in Yeouido, Seoul. (Yonhap) Korean share prices are displayed on an electronic board at the Korea Exchange in Yeouido, Seoul. (Yonhap)

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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