Seoul shares open higher on record earnings of Samsung, other tech gains

Seoul shares opened higher Tuesday, led by gains in technology shares after Samsung Electronics Co. reported record earnings in the first quarter. The benchmark Korea Composite Stock Price Index rose 134.43 points, or 2.47 percent, to 5,584.76 in the first 15 minutes of trading. The index was largely supported by strong corporate earnings expectations. Samsung Electronics estimated its first-quarter operating profit surged nearly ninefold to a record 57.2 trillion won ($38 billion) from 6.61 tri

By The Korea Herald