[
THE INVESTOR] South Korean shares opened higher on Aug. 16, boosted by positive US economic data and a rebound in global oil prices.
The benchmark KOSPI rose 9.12 points, or 0.44 percent, to 2,059.59 in the first 15 minutes of trading.
The main index continued to gain after marking a 1.61 percent increase for the whole of last week. On Aug. 12, it closed at 2,050.47 points, hitting fresh yearly highs.
(
theinvestor@heraldcorp.com)
