South Korea's stock market is extending gains for a third straight session on expectations for U.S.-Iran end-of-war negotiations.
The KOSPI was up 64.62 points, or 1.06 percent, at 6,156.01 as of 9:10 a.m. on April 16. The index opened up 58.10 points, or 0.95 percent, at 6,149.49 and extended its rise.
By investor type, retail investors were net buyers of 127.3 billion won and institutions bought 23.0 billion won. Foreigners were net sellers of 147.0 billion won.
Most top market-cap stocks were higher. Hyundai Motor was up 32,500 won, or 6.40 percent, at 540,500 won, the biggest gainer. Samsung Electronics added 500 won, or 0.24 percent, to 211,500 won, and SK Hynix rose 4,000 won, or 0.35 percent, to 1.14 million won.
Doosan Enerbility rose 3.84 percent, Kia gained 3.63 percent, Hanwha Aerospace added 1.79 percent, LG Energy Solution climbed 1.23 percent, SK Square rose 0.45 percent and Samsung Biologics gained 0.37 percent.
The KOSDAQ was up 10.21 points, or 0.89 percent, at 1,162.64.
In Seoul's foreign exchange market, the won was at 1,474.80 per dollar, up 1.70 won, or 0.12 percent, from the previous session.
Sangyeop Oh
yub@d-today.co.kr