Seoul stocks open higher on financial gains

SEOUL, July 10 (Yonhap) -- South Korean stocks got off to a strong start on
Friday, led by financial shares, analysts said.

The benchmark Korea Composite Stocks Price Index (KOSPI) rose 4.67 points, or
0.33 percent, to trade at 1,435.56 in the first 15 minutes of trading.
Shares of brokerages and financial firms opened stronger, tracking Thursday's
gains by their U.S. peers. Positive earnings forecast boosted the financial
sector, sending the Dow Jones industrial average 0.06 percent higher.
The local currency was trading at 1,273.8 won to the U.S. dollar as of 9:15, up
4.4 won from Thursday's close.
pbr@yna.co.kr
(END)

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