Stocks surge on strong opening performance
Published: 18 Jun. 2024, 09:42
Updated: 18 Jun. 2024, 12:00
![A screen in Hana Bank's trading room in central Seoul shows the Kospi closing at 2,744.10 points on Monday, down 0.52 percent, or 14.32 points, from the previous trading session. [YONHAP]](https://koreajoongangdaily.joins.com/data/photo/2024/06/18/861d2c95-f8e2-4e1e-a018-a62128433b96.jpg)
A screen in Hana Bank's trading room in central Seoul shows the Kospi closing at 2,744.10 points on Monday, down 0.52 percent, or 14.32 points, from the previous trading session. [YONHAP]
Stocks opened sharply higher Tuesday following overnight gains on Wall Street.
The Kospi rose 25.01 points, or 0.91 percent, to 2,769.11 in the first 15 minutes of trading.
In the United States, Wall Street's main indices finished bullish, led by tech shares.
The Dow Jones Industrial Average gained 0.49 percent, and the tech-heavy Nasdaq Composite advanced 0.95 percent.
In Seoul, large caps led the strong opening.
Samsung Electronics added 1.79 percent, and SK hynix jumped 3.59 percent.
Hyundai Motor rose 1.62 percent, and LG Energy Solution increased 1.49 percent.
The local currency was trading at 1,379.5 won against dollar, down 1.7 won from the previous session's close.
BY CHOI HAE-JIN, YONHAP [choi.haejin@joongang.co.kr]
with the Korea JoongAng Daily
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