Korean share prices opened in the positive on Monday following gains in New York last week.
The benchmark Korea Composite Stock Price Index rose 18.62 points, or 1.01 percent, to 1,853.90 in the first 15 minutes of trading.
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An electronic board at the Korea Exchange in Seoul shows stocks changing hands. (Yonhap) |
The KOSPI was trading 1.54 percent higher at 1863.57 points as of 10:58 a.m.
On Friday, the Dow Jones industrial average added 2 percent to finish at 15,973.84, while the tech-heavy Nasdaq rose 1.66 percent to 4,337.51.
Most large caps opened higher, with tech giant Samsung Electronics surging 1.59 percent to 1,148,000 won. Steelmaker POSCO rose 3.38 percent, while global chipmaker SK hynix advanced 1.65 percent.
The local currency was trading at 1,207.85 won against the U.S. dollar as of 9:15 a.m., up 3.85 won from the previous session.
(
khnews@heraldcorp.com)
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