January 15, 2024

Seoul shares open higher on chip, bio gains

SEOUL, South Korean stocks opened higher Monday as chip and bio shares gained ground.

The benchmark Korea Composite Stock Price Index added 5.86 points, or 0.23 percent, to 2,530.91 in the first 15 minutes of trading.

Market bellwether Samsung Elec…

Investment funds grow over 68 tln won in 2023

SEOUL, The value of investment funds in South Korea grew from a year earlier in 2023, data showed Monday.

The net asset value of South Korean investment funds came to 971.4 trillion won (US$737.6 billion) as of the end of last year, up 68.1 trillion…