April 26, 2024

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[THE INVESTOR] South Korean stocks opened higher on Sept. 18, as investors scooped up large-cap tech shares.

The benchmark Korea Composite Stock Price Index (KOSPI) rose 9.39 points, or 0.39 percent, to 2,395.46 in the first 15 minutes of trading.

Market kingpin Samsung Electronics gained 1.03 percent, and SK hynix was 2.85 percent up.

LG Chem, South Korea‘s top chemicals firm, advanced 0.37 percent, and AmorePacific, the country’s No. 1 cosmetics firm, rose 1.4 percent.

Hyundai Motor, No. 1 automaker, meanwhile, surrendered 0.37 percent.

The local currency was trading at 1,131.40 won against the US dollar, up 0.30 won from the previous session‘s close.

By Alex Lee and newswires (alexlee@heraldcorp.com)