ID :
39370
Wed, 01/07/2009 - 18:57
Auther :
Shortlink :
http://m.oananews.org//node/39370
The shortlink copeid
Seoul stocks open higher on stimulus measure
SEOUL, Jan. 7 (Yonhap) -- South Korean stocks opened higher Wednesday as a government-led construction project boosted builders and steel makers, analystssaid.
The benchmark Korea Composite Stock Price Index (KOSPI) added 9.99 points, or
0.84 percent, to 1,204.27 in the first 15 minutes of trading.
The government announced on Tuesday a 50 trillion won (US$38 billion) "green"
development plan to refurbish the nation's four major rivers and build
eco-friendly homes and offices.
The local currency was trading at 1,293.75 won to the U.S. dollar as of 9:15
a.m., up 18.75 won from Tuesday's close.
pbr@yna.co.kr
(E
The benchmark Korea Composite Stock Price Index (KOSPI) added 9.99 points, or
0.84 percent, to 1,204.27 in the first 15 minutes of trading.
The government announced on Tuesday a 50 trillion won (US$38 billion) "green"
development plan to refurbish the nation's four major rivers and build
eco-friendly homes and offices.
The local currency was trading at 1,293.75 won to the U.S. dollar as of 9:15
a.m., up 18.75 won from Tuesday's close.
pbr@yna.co.kr
(E
