ID :
192605
Mon, 07/04/2011 - 04:30
Auther :
Shortlink :
https://oananews.org//node/192605
The shortlink copeid
Seoul shares open higher on eased eurozone debt woes
SEOUL, July 4 (Yonhap) -- South Korean stocks started higher on Monday as investor sentiment was lifted by eased concerns about Greece's sovereign crisis, analysts said.
The benchmark Korea Composite Stock Price Index (KOSPI) rose 22.10 points, or 1.04 percent, to trade at 2,147.84 in the first 15 minutes of trading.
U.S. markets closed higher on Friday due to eased concerns about Greece's debt crisis. The Dow Jones industrial average rose 1.36 percent and the tech-laden Nasdaq Composite Index gained 1.53 percent.
Korea Exchange Bank fell 5.88 percent after its board decided to pay out a record interim dividend to the bank's biggest shareholder, Lone Star Funds.
The local currency was trading at 1,063.25 won to the U.S. dollar as of 9:15 a.m., up 3.35 won from Friday's close.
The benchmark Korea Composite Stock Price Index (KOSPI) rose 22.10 points, or 1.04 percent, to trade at 2,147.84 in the first 15 minutes of trading.
U.S. markets closed higher on Friday due to eased concerns about Greece's debt crisis. The Dow Jones industrial average rose 1.36 percent and the tech-laden Nasdaq Composite Index gained 1.53 percent.
Korea Exchange Bank fell 5.88 percent after its board decided to pay out a record interim dividend to the bank's biggest shareholder, Lone Star Funds.
The local currency was trading at 1,063.25 won to the U.S. dollar as of 9:15 a.m., up 3.35 won from Friday's close.
