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[THE INVESTOR] South Korean share prices opened higher on Aug. 1 following gains on Wall Street.
The benchmark Korea Composite Stock Price Index rose 10.32 points, or 0.51 percent, to 2,026.51 in the first 15 minutes of trading.
Tech shares led the gains.
Samsung Electronics surged 2.14 percent, continuing its rally after posting robust second-quarter earnings, and chip giant SK hynix advanced 1.74 percent.
Auto shares were also in the positive. Hyundai Motor increased 1.14 percent, and its sister company Kia Motors rose 0.71 percent.
On July 31, the S&P 500 index hit a record high on a tech-rally.
The local currency was trading at 1,113.9 won against the US dollar as of 9:15 a.m., up 6.3 won from the previous trading day.
(theinvestor@heraldcorp.com)
The benchmark Korea Composite Stock Price Index rose 10.32 points, or 0.51 percent, to 2,026.51 in the first 15 minutes of trading.
Tech shares led the gains.
Samsung Electronics surged 2.14 percent, continuing its rally after posting robust second-quarter earnings, and chip giant SK hynix advanced 1.74 percent.
Auto shares were also in the positive. Hyundai Motor increased 1.14 percent, and its sister company Kia Motors rose 0.71 percent.
On July 31, the S&P 500 index hit a record high on a tech-rally.
The local currency was trading at 1,113.9 won against the US dollar as of 9:15 a.m., up 6.3 won from the previous trading day.
(theinvestor@heraldcorp.com)
