South Korean stocks opened higher on Wednesday.... after a five-day losing streak amid fears that trade tensions between the U.S. and China could hurt local businesses and exports.
The benchmark KOSPI Index was trading at 2-thousand-3-hundred-61-point-6-4 as of 11:46 AM Korea time... up 21-point-5-3 points from Tuesday's close,.... with foreign investors buying over 60 million U.S. dollars of stocks after selling them over the last couple of days.
The KOSDAQ is also up by more than 2-point-1-6 percent as of 11:50 AM Korea time... from Tuesday's close of eight-hundred-28.
But with the stronger dollar, the Korean won is still trading at over 11-hundred against the greenback,...the highest figure in seven months.
