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Seoul stocks start higher on positive European economic data

All Headlines 09:21 January 03, 2017

SEOUL, Jan. 3 (Yonhap) -- South Korean shares opened higher Tuesday, taking their cues from gains in Europe over the eurozone's positive data on its manufacturing sector.

The benchmark Korea Composite Stock Price Index (KOSPI) rose 6.52 points, or 0.32 percent, to 2,032.68 in the first 15 minutes of trading.

Most large caps traded mixed with market kingpin Samsung Electronics gaining 0.61 percent.

Top automaker Hyundai Motor rose 1.33 percent, while top steelmaker POSCO fell 0.77 percent.

Naver, the operator of the country's top Internet portal, shed 0.64 percent.

The local currency was trading at 1,209.65 won against the U.S. dollar, down 1.65 won from the previous session's close.
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