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Seoul shares open higher on large-cap gains

South Korean stocks opened slightly higher Thursday on large-cap gains following the previous rally to a three-month high, analysts said.

The benchmark Korea Composite Stock Price Index (KOSPI) added 0.09 point with no percentage change to 2,003.94 in the first 15 minutes of trading, after starting 0.04 percent higher at the opening bell.

No. 2 lender KB Financial gained 0.4 percent, with top mobile carrier SK Telecom rising 1.4 percent.

The local currency was trading at 1,083.85 won against the U.S. dollar as of 9:15 a.m., up 2.65 won from Wednesday's close. (Yonhap News)



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