ID :
34675
Tue, 12/09/2008 - 16:24
Auther :
Shortlink :
http://m.oananews.org//node/34675
The shortlink copeid
Seoul shares open higher on Wall Street gains
SEOUL, Dec. 9 (Yonhap) -- South Korean stocks started higher Tuesday as investor sentiment was lifted by a set of U.S. economic stimulus plans, analysts said.
The benchmark Korea Composite Stock Price Index (KOSPI) climbed 15.27 points, or
1.38 percent, to 1,120.32 in the first 15 minutes of trading.
U.S. stocks rallied Monday as President-elect Barack Obama's pledge to increase
infrastructure spending lifted market sentiment. The Dow Jones industrial average
rose 3.46 percent and the tech-dominated Nasdaq composite index soared 4.14
percent.
The local currency was trading at 1,447 to the U.S. dollar as of 9:15 a.m., up
1.3 won from Monday's close.
The benchmark Korea Composite Stock Price Index (KOSPI) climbed 15.27 points, or
1.38 percent, to 1,120.32 in the first 15 minutes of trading.
U.S. stocks rallied Monday as President-elect Barack Obama's pledge to increase
infrastructure spending lifted market sentiment. The Dow Jones industrial average
rose 3.46 percent and the tech-dominated Nasdaq composite index soared 4.14
percent.
The local currency was trading at 1,447 to the U.S. dollar as of 9:15 a.m., up
1.3 won from Monday's close.
