Seoul stocks open higher on auto gains

Seoul stocks open higher on auto gains

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South Korean stocks opened higher Wednesday on strong advances by auto-related shares. The benchmark Korea Composite Stock Price Index rose 21.65 points, or 0.7 percent, to 3,118.46 in the first 15 minutes of trading. The KOSPI continued its bullish run after gaining over 4 percent in total in the past two sessions, backed by investor optimism over a fast economic recovery, particularly in exports. Top automaker Hyundai Motor hiked 3.33 percent, with its smaller affiliates Kia Motors and Hyun





via The Korea Heald https://ift.tt/1enOVwc

February 2, 2021 at 07:35PM
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