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[THE INVESTOR] South Korean shares opened higher on July 15, tracking overnight gains on Wall Street.
The benchmark Korea Composite Stock Price Index rose 11.47 points, or 0.57 percent, to 2,020.24 in the first 15 minutes of trading.
Market watchers are paying attention to whether the KOSPI will maintain momentum after a four-session winning streak.
The benchmark Korea Composite Stock Price Index rose 11.47 points, or 0.57 percent, to 2,020.24 in the first 15 minutes of trading.
Market watchers are paying attention to whether the KOSPI will maintain momentum after a four-session winning streak.
The Dow Jones industrial average climbed 134.29 points, or 0.7 percent, to 18,506.41.
Line, a Japanese massaging app operator owned by South Korea’s Internet portal Naver, made a successful debut on the New York Stock Exchange.
The shares, which were priced at US$32.84 each, surged 26.6 percent to finish at $41.58. Line was also listed on the Tokyo Stock Exchange on July 15.
In Seoul, top cap Samsung Electronics lost 0.2 percent, and leading automaker Hyundai Motor added 1.52 percent. Naver gained 0.95 percent.
The local currency was trading at 1,133.55 won against the US dollar, up 3.85 won from the previous session’s close.
(theinvestor@heraldcorp.com">theinvestor@heraldcorp.com)
