Overview
- The KOSPI gained 11.54 points, or 0.44%, at the May 16 opening, reaching 2,632.90.
- Tech stocks showed mixed performance, with SK hynix climbing 2% while Samsung Electronics dipped 0.35%.
- Automotive shares advanced, led by Hyundai Motor up 0.31% and Kia up 0.77%.
- Energy sector strength was notable, with Korea Electric Power Corp. rising 1.98% and Korea Gas Corp. adding 0.97%.
- The Korean won weakened slightly, trading at 1,395.2 per U.S. dollar, down 2.5 won from the prior session.