South Korean Stocks Increase 4.7% in Morning Trading

Dow Jones08-13

This article was automatically generated by Dow Jones using technology from Automated Insights.

Stocks in South Korea climbed during early trading Thursday, as the Kospi Composite Index rose 4.7% to 6890.03.

Among local companies with a market cap of at least 10 trillion South Korean won ($7.08 billion), Samsung Electro-Mechanics is the biggest leader this morning, jumping 11%, and SK Square surged 11%. Mirae Asset Securities rounds out the top three movers, as shares surged 9.9%.

Korea Electric Power is the biggest early laggard, declining 3.4%, followed by shares of Alteogen, which fell 1.1%. Shares of S-Oil slipped 0.4%.

The dollar weakened 0.5% against the won to 1,411.11 won.

In the bond markets, the 10-year South Korean government bond yield declined 0.5 basis point to 4.305%.

Data source: Dow Jones Market Data, FactSet

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