Seoul shares start higher on New York gains

Published : Mar 22, 2016 - 09:54 Updated : Mar 22, 2016 - 09:54

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South Korean share prices opened in the positive on Tuesday following gains in New York.

The benchmark Korea Composite Stock Price Index rose 4.31 points, or 0.2 percent, to 1,994.07 in the first 15 minutes of trading. As of 9:52 a.m., it was trading almost flat at 1991.94 points.

Seoul share prices are displayed on an electronic board at the Korea Exchange. (Yonhap)

Overnight, the Dow Jones industrial average inched up 0.12 percent to 17,623.87, while the tech-heavy Nasdaq ended nearly flat 4,808.87.

Large caps traded mixed with tech and auto shares in positive terrain, while chemical and financial shares got off to a rough start.

The local currency was trading at 1,164.40 won against the U.S. greenback, down 0.9 won from Monday‘s close.

(khnews@heraldcorp.com)