Seoul shares open 0.28 pct higher on foreign buying

By Lee Youkyung
SEOUL, Oct. 8 (Yonhap) -- South Korean stocks started stronger Thursday as losses
in telecommunications and tech companies were outweighed by gains in
commodity-related shares, analysts said.
The benchmark Korea Composite Stock Price Index (KOSPI) gained 4.42 points, or
0.28 percent, to 1,602.42 in the first 15 minutes of trading.
Market leader Samsung Electronics Co. extended a losing streak to a fifth day,
shedding nearly 1 percent, but commodity shares such as Korea Zinc, the world's
second largest zinc smelter, traded in positive territory on rising global
commodity prices.
The local currency was trading at 1,170.1 won to the U.S. dollar as of 9:15 a.m.,
up 0.4 won from Wednesday's close.
ylee@yna.co.kr
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