South Korean stocks opened higher Tuesday on big-cap bargain hunting following the previous day's tumble and speculations that Europe will agree on a new debt plan to preserve the currency union, analysts said.
The KOSPI moved up 0.82 percent, or 14.63 points, to 1,797.76 in the first 15 minutes of trading.
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(Yonhap News) |
Market bellwether Samsung Electronics rose 0.42 percent, with top automaker Hyundai Motor also gaining 0.21 percent.
The local currency was trading at 1,176.25 won to the greenback as of 9:15 a.m., up 5.75 won from Monday's close.
(Yonhap News)
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