[THE INVESTOR] South Korean shares opened slightly higher on Oct. 13, as Samsung struggled to recover from the aftermath of its decision to halt Galaxy Note 7 sales.
The benchmark KOSPI added 0.15 point, or 0.01 percent, to 2,033.88 in the first 15 minutes of trading.
The slight increase followed overnight gains on Wall Street.
Dow Jones industrial average gained 0.09 percent to close at 18,144.20 on Oct. 12 (New York time).
Samsung Electronics spiked 2.41 percent, somewhat recovering from an earlier plunge over the past few days.
Other large caps traded mixed.
Hyundai Motor, the country’s top automaker, lost 0.73 percent, while global chipmaker SK hynix added 0.36 percent.
Top portal operator Naver fell 1.27 percent, while top chemicals producer LG Chem retreated 0.42 percent.
The local currency was trading at 1,127.65 won against the US dollar, down 4.05 won from the previous session’s close.
(theinvestor@heraldcorp.com)
The benchmark KOSPI added 0.15 point, or 0.01 percent, to 2,033.88 in the first 15 minutes of trading.
The slight increase followed overnight gains on Wall Street.
Dow Jones industrial average gained 0.09 percent to close at 18,144.20 on Oct. 12 (New York time).
Samsung Electronics spiked 2.41 percent, somewhat recovering from an earlier plunge over the past few days.
Other large caps traded mixed.
Hyundai Motor, the country’s top automaker, lost 0.73 percent, while global chipmaker SK hynix added 0.36 percent.
Top portal operator Naver fell 1.27 percent, while top chemicals producer LG Chem retreated 0.42 percent.
The local currency was trading at 1,127.65 won against the US dollar, down 4.05 won from the previous session’s close.
(theinvestor@heraldcorp.com)
