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Seoul stocks open higher on U.S. gains

All News 09:28 December 01, 2017

SEOUL, Dec. 1 (Yonhap) -- South Korean shares opened higher Friday, tracking gains on Wall Street.

The benchmark Korea Composite Stock Price Index rose 7.97 points, or 0.32 percent, to 2,484.34 in the first 15 minutes of trading.

The main index tracked overnight gains on Wall Street. The Dow Jones industrial average rose 1.39 percent, with the tech-heavy Nasdaq composite index climbing 0.73 percent.

Large-cap stocks were seeing mixed trading across the board.

Market bellwether Samsung Electronics Co. gained 1.46 percent, and No. 2 chipmaker SK hynix Inc. was up 2.47 percent.

Top automaker Hyundai Motor fell 0.61 percent, and top steelmaker POSCO was down 1.94 percent.

The local currency was trading at 1,087.20 won against the U.S. dollar, up 1.00 won from the previous session's close.


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