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Seoul stocks start higher on Aug. 8

[THE INVESTOR] South Korean shares opened higher on Aug. 8 following improved sentiment on Wall Street.

The benchmark KOSPI rose 7.48 points, or 0.37 percent, to 2,025.42 in the first 15 minutes of trading.




Large caps traded mixed with market kingpin Samsung Electronics gaining 0.19 percent.

Top automaker Hyundai Motor fell 0.38 percent, and major chipmaker SK hynix rose 0.38 percent.

Kia Motors, an affiliate of Hyundai Motor, rose 0.61 percent.

The local currency was trading at 1,115.35 won against the US dollar, down 4.95 won from the previous session’s close.


(theinvestor@heraldcorp.com)
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