SEOUL, Feb. 18 (Yonhap) -- Seoul shares opened higher Tuesday amid concerns over the impact of new tariffs by the second Donald Trump administration on key industries.
The benchmark Korea Composite Stock Price Index (KOSPI) rose 0.95 points, or 0.04 percent, to 2,611.37 in the first 15 minutes of trading.
Trump recently ordered a 25 percent tariff on all steel and aluminum imports and unveiled a sweeping plan to impose reciprocal tariffs on trading partners.
He also said Friday (local time) that he could impose tariffs on auto imports beginning April 2 in an apparent move to affect the Korean car industry.
Large-cap stocks were mixed.
Market bellwether Samsung Electronics rose 0.7 percent, national flag carrier Korean Air climbed 0.4 percent, and leading steelmaker POSCO Holdings gained 0.2 percent.
Among decliners, No. 2 chipmaker SK hynix fell 0.7 percent, and leading battery maker LG Energy Solution declined 0.4 percent.
The local currency was trading at 1,441.25 won against the greenback at 9:15 a.m., up 0.45 won from the previous session.
Sumber : yna.co.kr
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