Korean shares open higher on Wall Street gains

Published : May 23, 2016 - 09:34 Updated : May 23, 2016 - 09:34

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Korean stocks started slightly higher Monday, taking a cue from overnight gains in Wall Street.

The benchmark Korea Composite Stock Price Index (KOSPI) rose 2.66 points, or 0.14 percent, to 1,950.33 in the first 15 minutes of trading.

(Yonhap)

Top market cap Samsung Electronics rose 0.32 percent, and leading carmaker Hyundai Motor gained 1.52 percent.

State-run Korea Electric Power Corp. fell 0.83 percent.

In New York, the Dow Jones Industrial Average climbed 65.54 points, or 0.38 percent, to 17,500.94.

Korea's won was trading at 1,184.00 won against the U.S. dollar, up 6.2 won from the previous session. (Yonhap)