[
THE INVESTOR] South Korean shares opened higher on Oct. 27, amid investors eyeing oversold shares.
The benchmark KOSPI rose 6.93 points, or 0.34 percent, to 2,020.82 in the first 15 minutes of trading.
Most large caps traded mixed with market kingpin Samsung Electronics rising 0.38 percent. Samsung C&T, Samsung’s de facto holding firm, lost 0.9 percent.
Top automaker Hyundai Motor rose 0.36 percent, and SK hynix was up 0.58 percent on its better-than-expected third-quarter earnings.
Naver, the operator of the country’s top internet portal, advanced 3.33 percent.
The local currency was trading at 1,138.35 won against the US dollar, down 4.35 won from the previous session’s close.
(
theinvestor@heraldcorp.com)
