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Seoul stocks open higher on U.S. gains

All News 09:29 December 13, 2017

SEOUL, Dec. 13 (Yonhap) -- South Korean shares opened higher Wednesday, tracking gains on Wall Street.

The benchmark Korea Composite Stock Price Index (KOSPI) rose 0.51 points, or 0.02 percent, to 2,461.51 in the first 15 minutes of trading.

On Monday, the Dow Jones industrial average climbed 0.49 percent to 24,504.80.

Automobiles and domestic players led gains, with top carmaker Hyundai Motor Co. rising 0.67 percent and cosmetics giant AmorePacific Corp. climbing 0.80 percent.

But market bellwether Samsung Electronics Co. fell 1.61 percent, and No. 2 chipmaker SK hynix Inc. declined 1.29 percent.

The local currency was trading at 1,093.80 won against the U.S. dollar, down 1.40 won from the previous session's close.

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