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Seoul shares open higher on large cap gains(Oct. 14)

By 박윤아

Published : Oct. 14, 2016 - 09:33

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[THE INVESTOR] South Korean shares opened higher on Oct. 14 on advances by large market caps. The benchmark KOSPI added 10.03 points, or 0.50 percent, to 2,025.47 in the first 15 minutes of trading.

Most large caps were in positive terrain, with market bellwether Samsung Electronics advancing 0.45 percent.

Global chipmaker SK hynix spiked 1.47 percent, with local auto industry leader Hyundai Motor gaining 0.37 percent. Top steelmaker POSCO advanced 0.95 percent, and leading chemicals producer LG Chemical added 0.65 percent.

The local currency was trading at 1,131.60 won against the US dollar, up 4.30 won from the previous session’s close.

(theinvestor@heraldcorp.com)

Seoul shares open higher on large cap gains(Oct. 14)

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