The Korea Herald

지나쌤

Seoul shares open higher on Wall Street gains

By Yonhap

Published : Jan. 9, 2024 - 09:30

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An electronic board showing the Korea Composite Stock Price Index at a dealing room of the Hana Bank headquarters in Seoul on Tuesday. (Yonhap) An electronic board showing the Korea Composite Stock Price Index at a dealing room of the Hana Bank headquarters in Seoul on Tuesday. (Yonhap)

South Korean stocks opened higher Tuesday, tracking overnight gains on Wall Street.

The benchmark Korea Composite Stock Price Index added 18.64 points, or 0.73 percent, to 2,586.46 in the first 15 minutes of trading.

Overnight, the Dow Jones Industrial Average closed up 0.58 percent, while the tech-heavy Nasdaq jumped 2.2 percent.

In Seoul, most large caps were trading higher across the board.

Market bellwether Samsung Electronics gained 0.26 percent, with No. 2 chipmaker SK hynix surging 1.76 percent.

Top chemical producer LG Chem advanced 0.73 percent, while leading internet portal operator Naver spiked 1.99 percent.

Top carmaker Hyundai Motor added 0.32 percent, while its smaller affiliate Kia Motors slipped 0.34 percent.

The local currency was trading at 1,310.70 won against the US dollar, up 5.30 won from the previous session's close. (Yonhap)