Stocks open higher Monday on strong advances by tech, auto heavyweights
![Electronic display boards at Hana Bank in central Seoul show stock and foreign exchange markets on Friday. [YONHAP]](https://koreajoongangdaily.joins.com/data/photo/2022/11/07/f8ab342d-2f95-4efa-92ac-568dd409ac25.jpg)
Electronic display boards at Hana Bank in central Seoul show stock and foreign exchange markets on Friday. [YONHAP]
Stocks opened higher Monday on strong advances by tech and auto heavyweights.
The benchmark Kospi increased 14.59 points, or 0.62 percent, to 2,363.02 points as of 9:15 a.m.
Tech and auto shares led the Kospi's hike after a media report that the chair of Boeing met with top officials of Samsung Electronics, Hyundai Motor Group and Hanwha Solutions to discuss new business cooperation.
Samsung Electronics rose 1.18 percent. Hyundai Motor surged 3.68 percent, with its affiliate Kia rose 1.99 percent.
Hanwha Aerospace was up 0.8 percent, and chip giant SK hynix added 1.66 percent.
The won had been changing hands at 1,410.8 won against the dollar as of 9:15 a.m., down 8.4 won from the previous session's close.
BY CHO JUNG-WOO, YONHAP [cho.jungwoo1@joongang.co.kr]
with the Korea JoongAng Daily
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