ID :
105737
Wed, 02/10/2010 - 11:39
Auther :

Seoul shares open higher on Wall Street gains

SEOUL, Feb. 10 (Yonhap) -- South Korean stocks started higher on Wednesday as overnight gains on Wall Street boosted investor sentiment, analysts said.

The benchmark Korea Composite Stock Price Index (KOSPI) rose 2.62 points, or 0.17
percent, to 1,573.11 in the first 15 minutes of trading.
The U.S. stock markets staged rallies on Tuesday relieved by reports that
euro-zone governments would come up with a plan to rescue debt-ridden Greece. The
Dow Jones industrial average rose 1.52 percent and the tech-laden Nasdaq
Composite Index advanced 1.17 percent.
The local currency was trading at 1,156.85 won to the U.S. dollar as of 9:15
a.m., up 6.75 won from Tuesday's close.
ylee@yna.co.kr
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