SEOUL: South Korean shares started higher Friday, tracking overnight gains in Wall Street after the Greek parliament voted in favor of tough austerity measures, analysts said.
The benchmark Korea Composite Stock Price Index (KOSPI) gained 1.41 points, or 0.07 percent, to 2,089.3 in the first 15 minutes of trading.
Tech shares traded in the positive territory.
Market bellwether Samsung Electronics edged up 1.01 percent, and Naver, the nation’s top Internet portal operator, scored 1.65 percent.
The tech-laden Nasdaq closed at an all-time high on Thursday thanks to strong earnings by leading tech companies. Sentiment was also bolstered after the Greek parliament decided to accept bitter reform measures.
The local currency was trading at 1,145.6 won against the dollar in Seoul as of 9:15 a.m., up 3.6 won from Thursday’s close.
