South Korean stocks opened at a fresh record high on Thursday, moving closer to the historic 8,000 milestone on the benchmark KOSPI index amid strength in large-cap tech shares.
The benchmark Korea Composite Stock Price Index (KOSPI) started 0.38 percent higher at 7,873.91 before rising 71.25 points, or 0.91 percent, to 7,915.26 as of 9:15 a.m.
The index opened higher in line with an overnight rally on Wall Street, where the tech-heavy Nasdaq composite closed 1.2 percent higher and the S&P 500 added 0.58 percent.
In Seoul, Samsung Electronics climbed 1.76 percent, SK hynix rose 0.2 percent, Hyundai Motor advanced 1.27 percent and LG Energy Solution gained 1.63 percent. The Korean won traded at 1,489.9 won against the U.S. dollar, up 0.7 won from the previous session.
