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Seoul shares open higher on tech, chemicals

All News 09:26 December 03, 2018

SEOUL, Dec. 3 (Yonhap) -- South Korean stocks started higher Monday on the back of robust gains from technology and chemical shares.

The benchmark Korea Composite Stock Price Index (KOSPI) added 20.59 points, or 0.98 percent, to 2,117.45 in the first 15 minutes of trading.

Market giant Samsung Electronics shot up 1.79 percent, and No. 2 chipmaker SK hynix added 1.01 percent. LG Electronics climbed 1.1 percent, and Samsung Electro-Mechanics rose 3.32 percent.

Chemical firms were also major contributors, with LG Chem advancing 2.03 percent and LG Household & Health Care increasing 2.59 percent. AmorePacific rose 1.16 percent.

The local currency was trading at 1,116.50 won against the U.S. dollar, up 4.70 won from the previous session's close.


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