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Seoul stocks start higher on positive U.S. data

All News 09:19 February 06, 2017

SEOUL, Feb. 6 (Yonhap) -- South Korean shares opened higher Monday, taking a cue from strong gains in the U.S. markets over positive payroll data.

The benchmark Korea Composite Stock Price Index (KOSPI) rose 7.86 points, or 0.38 percent, to 2,081.02 in the first 15 minutes of trading.

Most large caps traded mixed with market kingpin Samsung Electronics gaining 0.05 percent.

Top automaker Hyundai Motor rose 0.36 percent, while top steelmaker POSCO fell 0.75 percent.

Naver, the operator of the country's top Internet portal, climbed 0.26 percent.

The local currency was trading at 1,138.75 won against the U.S. dollar, up 8.75 won from the previous session's close.

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