Seoul shares open higher on tech gains

Seoul shares open higher on tech gains

Korean stocks opened slightly higher Monday, despite U.S. losses, as investors went bargain hunting following a steep fall last week. The benchmark Korea Composite Stock Price Index (KOSPI) rose 5.5 points, or 0.18 percent, to 3,124.91 in the first 15 minutes of trading. On Friday, the KOSPI sank at the steepest pace in nearly four months as investor sentiment was dragged down by the government's tax revision proposal to raise taxes on corporati…