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Korea removes over 1,300 Chinese-made security cameras from barracks
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Former Ador CEO files injuction to remain as director after her current term
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[Today’s K-pop] Stray Kids Hyunjin becomes face of Cartier
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Highway trash spikes during Chuseok
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Busan is most popular destination among foreign tourists
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Court suspends prison sentence of man for attempted rape of daughter-in-law
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W4.24m Chuseok bonuses for lawmakers, but 40% of workers get none
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[Well-curated] American burger, simple salt bread and open air market
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South Korean shares opened higher Friday as investors picked up tech, auto and other blue chip bargains following losses the previous session.
The benchmark Korea Composite Stock Price Index (Kospi) gained 13.53 points, or 0.51 percent, to 2,675.81 in the first 15 minutes of trading.
Overnight, US stocks ended mixed after experiencing rollercoaster-like volatility amid differing views on Nvidia's earnings, with some expressing disappointment while others saw the results as alleviating uncertainty in the market.
The Dow Jones Industrial Average rose 0.59 percent, with the S&P 500 ending flat. The tech-heavy Nasdaq composite slipped 0.23 percent higher as well.
In Seoul, Samsung Electronics and chip rival SK hynix rose 0.81 percent and 0.53 percent, respectively, following steep losses the previous session following Nvidia's earnings announcement.
Automotive and bio shares also gained traction.
Top automotive company Hyundai Motor rose 1.55 percent, and Samsung Biologics added 0.52 percent.
Battery makers, however, retreated after recording gains in the past few sessions. Industry leader LG Energy Solution shed 0.64 percent.
The local currency was trading at 1,334.25 won against the US dollar, down 1.05 won from the previous session. (Yonhap)
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