April 27, 2024
Market Now
Seoul stocks start higher as oil prices stabilize
[THE INVESTOR] South Korean shares opened higher on June 26 as market sentiment was buoyed by a recovery in oil prices.
The benchmark Korea Composite Stock Price Index climbed 6.58 points, or 0.28 percent, to 2,385.18 in the first 15 minutes of trading.
Most large caps traded mixed with market kingpin Samsung Electronics rising 1.13 percent.
Top automaker Hyundai Motor fell 0.91 percent, while top steelmaker POSCO rose 0.55 percent.
The local currency was trading at 1,134.35 won against the US dollar, up 4.45 won from the previous session‘s close.
By Alex Lee and newswires (alexlee@heraldcorp.com)
