Seoul shares open higher on steel gains GMT 05:23 2014 Thursday, 13 February Last Updated: 05:17:37 GMT Seoul - Yonhap South Korean stocks started higher Thursday on gains in steel and shipbuilding shares. The benchmark Korea Composite Stock Price Index (KOSPI) rose 0.39 percent, or 7.54 points, to 1943.38 as of 9:15 a.m.