April 27, 2024
Market Now
Seoul stocks open higher on tech, auto gains
[THE INVESTOR] South Korean stocks opened higher on Nov. 13, led by gains in the tech and auto sectors.
The benchmark Korea Composite Stock Price Index (KOSPI) added 4.09 points, or 0.16 percent, to 2,547.04 in the first 15 minutes of trading.
Market kingpin Samsung Electronics inched up 0.14 percent, and SK hynix, a major chipmaker, climbed 0.73 percent.
Hyundai Motor, the No. 1 automaker, advanced 3.24 percent, and its parts maker Hyundai Mobis went up 2.61 percent.
Cosmetics firms also rose. AmorePacific, the leading cosmetics firm, scored 2.96 percent, and its local rival, LG Household & Healthcare, increased 2.05 percent.
The local currency was trading at 1,120.3 won against the US dollar, down 3.2 won from the previous session‘s close.
By Alex Lee and newswires (alexlee@heraldcorp.com)
