Kospi starts strong as tech and auto shares rise

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Kospi starts strong as tech and auto shares rise

Published: 19 Feb. 2024, 10:54

LEE SOO-JUNG
[email protected]

Screens in Hana Bank's trading room in central Seoul shows stock markets open on Monday. [YONHAP]

Stocks got off to a strong start Monday led by gains from tech and auto shares.

The Kospi moved up 26.98 points, or 1.02 percent, to 2,675.74 in the first 15 minutes of trading.

Samsung Electronics rose 0.82 percent and SK hynix added 0.07 percent.

Kia increased 1.73 percent, and its auto parts affiliate Hyundai Mobis jumped 3.25 percent.

SK Innovations climbed 1.97 percent and Korea Zinc rose 0.32 percent.

The local currency was trading at 1,332.05 won against the dollar, down 3.35 won from the previous session's close.

BY LEE SOO-JUNG, YONHAP [[email protected]]