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소아쌤

Korean shares open higher on U.S. gains

By KH디지털2

Published : May 17, 2016 - 10:55

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Korean shares opened a tad higher Tuesday, taking cue from overnight gains in Wall Street.

The benchmark Korea Composite Stock Price Index (KOSPI) advanced 0.74 point or 0.04 percent to 1,968.65 in the first 15 minutes of trading.

Investor sentiment got a boost from overnight advance in Wall Street.

(Yonhap) (Yonhap)

The Dow Jones industrial average rose 175.39 points, or 1 percent, to 17,710.71, and the Nasdaq composite index gained 57.78 points, or 1.2 percent, to 4,775.46.

Most large caps were in positive terrain with market kingpin Samsung Electronics gaining 0.48 percent.

Top automaker Hyundai Motor remained flat, and LG Chem, the country's top chemicals maker, advanced 0.71 percent.

In contrast, top cosmetics producer AmorePacific retreated 0.81 percent.

The local currency was trading at 1,175.45 won against the U.S. dollar, up 4.25 won from the previous session's close. (Yonhap)

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