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Seoul stocks open higher on tech gains

Jul 8, 2016

[THE INVESTOR] South Korean shares opened higher on July 8 as tech and auto issues continued to rise.The benchmark Korea Composite Stock Price Index added 2.86 points, or 0.14 percent, to 1,976.94 in the first 15 minutes of trading.The index closed 1.07 percent higher July 7 after tech giant Samsung Electronics estimated its Q2 operating profit at 8.1 trillion won (US$7 billion), far exceeding the earlier market consensus of 7.34 trillion won.Samsung, the world’s largest smartphone-maker, again
Japanese yen opens at 1,150.47 won

Jul 8, 2016

[THE INVESTOR] The Japanese yen opened at 1,150.47 won on July 8, a hike from previous day’s closing of 1,148.53.
Euro opens at 1,282.97 won

Jul 8, 2016

[THE INVESTOR] The euro opened at 1,282.97 won on July 8, a rise from previous day’s closing of 1,281.77 won.
Dollar opens at 1,159.0 won

Jul 8, 2016

[THE INVESTOR] The US dollar opened at 1,159.0 won on July 8, up from previous day’s closing of 1,154.6 won.
KOSPI opens at 1,972.28 down 1.80 points

Jul 8, 2016

[THE INVESTOR] KOSPI opened lower at 1,972.28 down 1.80 points on July 8.
KOSDAQ opens at 698.61 up 2.66 points

Jul 8, 2016

[THE INVESTOR] KOSDAQ opened higher at 698.61 up 2.66 points on July 8.
Seoul shares rise 1% on Samsung’s earnings estimates

Jul 7, 2016

[THE INVESTOR] South Korean stocks closed significantly higher on July 7, clearly rebounding from a decline the previous day on an earnings surprise from tech giant Samsung Electronics. The local currency also advanced against the US dollar.The benchmark Korea Composite Stock Price Index spiked 20.96 points, or 1.07 percent, to 1,974.08. Trade volume was moderate at 374.6 million shares, worth 3.87 trillion won (US$3.4 billion). Gainers outnumbered losers 607 to 208.Samsung Electronics headquart
Euro ends at 1,281.77 won

Jul 7, 2016

[THE INVESTOR] The euro ended at 1,281.77 won on July 7, a decline from previous day’s closing of 1,288.78 won.
Japanese yen ends at 1,148.53 won

Jul 7, 2016

[THE INVESTOR] The Japanese yen ended at 1,148.53 won on July 7, a slide from previous day’s closing of 1,153.48 won.
Dollar ends at 1,154.6 won

Jul 7, 2016

[THE INVESTOR] The US dollar ended at 1,154.6 won on July 7, a fall from 1,165.6 won of previous day’s closing.
Seoul stocks up 0.97% in late morning trade

Jul 7, 2016

[THE INVESTOR] South Korean shares rose late morning July 7 as foreign investors turned to buying, a day after their massive selling led to a plunge in the local stock market.The benchmark Korea Composite Stock Price Index added 19 points, or 0.97 percent, to 1,972.12 as of 11:20 a.m.On Wednesday, the index closed 1.85 percent lower from the previous session as foreign investors ended their five-day buying streak and dumped 426.5 billion won (US$369 million) worth of local shares.As of 11:20 a.m
Seoul stocks open higher on tech rally

Jul 7, 2016

[THE INVESTOR] South Korean shares opened higher on July 7 as investor sentiment got a boost with an earnings surprise from tech giant Samsung Electronics.The benchmark Korea Composite Stock Price Index added 16.65 points, or 0.85 percent, to 1,969.77 in the first 15 minutes of trading.The sharp increase came as Samsung said its Q2 operating income was estimated at 8.1 trillion won (US$6.99 billion), greatly surpassing the earlier market consensus of 7.32 trillion won.On July 6, the local stock
Euro opens at 1,286.96 won

Jul 7, 2016

[THE INVESTOR] The euro opened at 1,286.96 won on July 7, a decline from previous day’s closing of 1,288.78 won.
Japanese yen opens at 1,147.78 won

Jul 7, 2016

[THE INVESTOR] The Japanese yen opened at 1,147.78 won on July 7, a fall from previous day’s closing of 1,153.48 won.
US dollar opens at 1,158.5 won

Jul 7, 2016

[THE INVESTOR] The US dollar opened at 1,158.5 won on July 7, down from previous day’s closing of 1,165.6 won.