An electronic board showing the Korea Composite Stock Price Index at a dealing room of the Hana Bank headquarters in Seoul on Friday. (Yonhap) South Korean stocks opened slightly higher Friday, tracking overnight gains on Wall Street after investors regained confidence in technology shares following Nvidia’s earnings report.
The benchmark Korea Composite Stock Price Index rose 9.98 points, or 0.31 percent, to 3,206.3 in the first 15 minutes of trading.
Overnight, the tech-heavy Nasdaq composite closed 0.53 percent higher, and the S&P 500 rose 0.32 percent. The Dow Jones Industrial Average added 0.16 percent.
In Seoul, top tech giant Samsung Electronics climbed 0.72 percent, while SK hynix shed 0.84 percent.
Chemical shares started bullish, with LG Chem moving up 0.8 percent and AmorePacific increasing 0.67 percent.
Leading carmaker Hyundai Motor gained 0.45 percent, and its smaller sister Kia added 1.32 percent.
The local currency was trading at 1,385.4 won against the US dollar at 9:15 a.m., up 2.2 from the previous session. (Yonhap)