Category: General

Seoul shares open sharply higher on tech gains

South Korean stocks got off to a strong start Friday, tracking overnight gains on Wall Street.

The benchmark Korea Composite Stock Price Index jumped 31.68 points, or 1.3 percent, to 2,471.72 in the first 15 minutes of trading.

Overnight,

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Seoul shares soar over 1.3 pct on chip rally

South Korean stocks soared more than 1.3 percent Friday as big-cap chip shares rallied following an overnight tech boost on Wall Street. The local currency edged up against the U.S. dollar.

The benchmark Korea Composite Stock Price Index (KOSPI)

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