SEOUL: South Korean stocks opened higher Tuesday, rebounding from a marked setback in the previous day.
The benchmark Korea Composite Stock Price Index (KOSPI) added 12.34 points, or 0.62 percent, to 2,004.31 in the first 15 minutes of trading. It followed a 1.82 percent plunge on Monday.
Market bellwether Samsung Electronics traded 1.2 percent higher, and top automaker Hyundai Motor also gained 1.4 percent.
The local currency was trading at 1,160.85 won against the U.S. dollar as of 9:15 a.m., down 2.75 won from Monday’s close.
