South Korea's KOSPI Opens 1.83% Higher as Chip Stocks Gain

South Korea's KOSPI stock index opened 1.83% higher on Oct. 21, as Samsung Electronics and SK hynix each gained about 3% at the start of trading.

The benchmark began the Oct. 21 Seoul session at 5,654.61, up 101.87 points. Samsung Electronics and SK hynix each rose about 3% at the open.

The opening level was 112.42 points below the Oct. 19 close of 5,767.03.

The KOSPI is South Korea's main stock market benchmark. These figures capture the opening level and the initial moves in two major chipmakers; they do not describe a full-day result or a change in cryptocurrency prices.