ID :
101250
Wed, 01/20/2010 - 08:17
Auther :
Shortlink :
https://www.oananews.org//node/101250
The shortlink copeid
Seoul shares open higher on bargain hunting
SEOUL, Jan. 20 (Yonhap) -- South Korean stocks started stronger Wednesday as investors picked up blue-chip bargains after losses in the previous session, analysts said.
The benchmark Korea Composite Stock Price Index (KOSPI) advanced 8.45 points, or
0.49 percent, to 1,615.61 in the first 15 minutes of trading.
Most blue-chip shares gained substantial ground with electronics giant Samsung
Electronics and POSCO, South Korea's top steelmaker leading the upward move.
The local currency was trading at 1,127.35 to the U.S. dollar as of 9:15 a.m., up
0.15 won from Tuesday's close, as foreign investors increased their holding of
local shares.
ygkim@yna.co.kr
(END)
The benchmark Korea Composite Stock Price Index (KOSPI) advanced 8.45 points, or
0.49 percent, to 1,615.61 in the first 15 minutes of trading.
Most blue-chip shares gained substantial ground with electronics giant Samsung
Electronics and POSCO, South Korea's top steelmaker leading the upward move.
The local currency was trading at 1,127.35 to the U.S. dollar as of 9:15 a.m., up
0.15 won from Tuesday's close, as foreign investors increased their holding of
local shares.
ygkim@yna.co.kr
(END)
