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THE INVESTOR] South Korean stocks opened higher on Oct. 24, amid an improvement in Samsung stocks.
The benchmark KOSPI rose 9.68 points, or 0.48 percent, to 2,042.68 in the first 15 minutes of trading.
Most large caps traded mixed with market kingpin Samsung Electronics adding 0.94 percent.
Samsung C&T, Samsung’s de facto holding firm, gained 1.56 percent.
Top automaker Hyundai Motor advanced 0.1 percent, and top steelmaker POSCO remained flat.
Naver, the operator of the country’s top internet portal, fell 0.12 percent.
The local currency was trading at 1,134.65 won against the US dollar, up 0.25 won from the previous session’s close.
(
theinvestor@heraldcorp.com)
