ID :
191912
Thu, 06/30/2011 - 04:44
Auther :
Shortlink :
https://oananews.org//node/191912
The shortlink copeid
Seoul shares open higher on Greek resolution
SEOUL, June 30 (Yonhap) -- South Korean stocks started higher on Thursday as Greek lawmakers' adoption of reform plans and subsequent gains on Wall Street bolstered investor sentiment, analysts said.
The benchmark Korea Composite Stock Price Index (KOSPI) added 0.41 percent, or 8.61 points, to 2,103.03 in the first 15 minutes of trading.
On Wednesday, Wall Street finished higher after the Greek parliament passed in a closely watched vote a set of austerity measures required by the European Union and the International Monetary Fund.
The Dow Jones industrial average added 0.6 percent and the tech-laden Nasdaq composite index rose 0.41 percent.
The local currency was trading at 1,071.1 won to the greenback as of 9:15 a.m., up 5.9 won from Wednesday's close.
The benchmark Korea Composite Stock Price Index (KOSPI) added 0.41 percent, or 8.61 points, to 2,103.03 in the first 15 minutes of trading.
On Wednesday, Wall Street finished higher after the Greek parliament passed in a closely watched vote a set of austerity measures required by the European Union and the International Monetary Fund.
The Dow Jones industrial average added 0.6 percent and the tech-laden Nasdaq composite index rose 0.41 percent.
The local currency was trading at 1,071.1 won to the greenback as of 9:15 a.m., up 5.9 won from Wednesday's close.
