SEOUL, Jan. 26 (Yonhap) -- Seoul stocks opened slightly higher Thursday as investors brace for earnings reports from major companies.
The benchmark Korea Composite Stock Price Index (KOSPI) rose 7.26 points, or 0.3 percent, to 2,435.83 in the first 15 minutes of trading.
The local stock market opened higher despite lackluster trading on Wall Street overnight.
The S&P 500 inched down 0.02 percent, while the Dow Jones Industrial Average edged up 0.03 percent. The tech-heavy Nasdaq closed 0.18 percent lower than the previous session.
In Seoul, market bellwether Samsung Electronics was up 0.32 percent, while smaller rival SK hynix was down 0.55 percent.
Top automaker Hyundai Motor added 1.75 percent, bio firm Samsung Biologics retreated 0.5 percent, and portal operator Naver declined 0.25 percent.
The local currency had been trading at 1,231.6 won against the U.S. dollar as of 9:15 a.m., up 0.1 won from Thursday's close.
S. Korea mistakenly fires machine gun near border with N. Korea
Prosecutors indict head of hotel adjoining site of Itaewon crowd crush
N. Korean leader's sister condemns U.S. provision of tanks to Ukraine
(LEAD) N. Korea rejects alleged arms trading with Russia, warns of 'undesirable result'
(Yonhap Interview) NATO chief calls for stronger security ties with S. Korea to address China, other global challenges