Thursday, November 14, 2024

Seoul shares open higher on tech, battery gains

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SEOUL, Oct. 28 (Yonhap) — South Korean stocks started higher Monday on gains from semiconductor and battery shares.

The benchmark Korea Composite Stock Price Index (KOSPI) rose 14.75 points, or 0.57 percent, to 2,598.02 in the first 15 minutes of trading.

Market bellwether Samsung Electronics added 1.61 percent and its chipmaking rival SK hynix mounted 0.75 percent.

Leading EV battery maker LG Energy Solution increased 0.86 percent and POSCO Future M surged 3.74 percent.

Top carmaker Hyundai Motor went up 0.67 percent and its sister Kia jumped 2.59 percent.

The local currency was trading at 1,388.95 won against the U.S. dollar, down 0.25 won from the previous session.

brk@yna.co.kr
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