Seoul shares open slightly higher; SK Hynix gains after Q4 earnings

SEOUL Tue Jan 29, 2013 7:09pm EST

Related Topics

SEOUL Jan 30 (Reuters) - South Korean shares opened higher on Wednesday, with SK Hynix leading gains in the technology sector despite posting a weaker-than-expected profit.

SK Hynix gained 2.9 percent after the chipmaker returned to a quarterly profit on Wednesday on demand from mobile device makers such as Apple Inc, although it fell far short of forecasts.

The Korea Composite Stock Price Index (KOSPI) was up 0.27 percent at 1,961.17 points at 0003 GMT. (Reporting by Hyunjoo Jin; Editing by Richard Pullin)

Comments (0)
This discussion is now closed. We welcome comments on our articles for a limited period after their publication.