ID :
101112
Tue, 01/19/2010 - 16:51
Auther :

Seoul shares open higher on foreign buying

SEOUL, Jan. 19 (Yonhap) -- South Korean shares started higher on Tuesday as foreign investors snapped up tech shares, searching for bargains, analysts said.

The Korea Composite Stock Price Index (KOSPI) added 3.21 points, or 0.19 percent,
to 1,714.99 in the first 15 minutes of trading. At a point, the index reached its
highest level in more than a year at 1,723.22.
Tech shares were among the bright spots. Top electronics maker Samsung
Electronics gained 0.12 percent and local rival LG Electronics advanced more than
1.5 percent.
The local currency was trading at 1,123.30 won to the U.S. dollar as of 9:15
a.m., up 1.20 won from Monday's close.
ygkim@yna.co.kr
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