Kospi shares rise after US rebound

South Korean market opened upward on Friday amid Russia's invasion of Ukraine. Korea Composite Stock Price Index started at 2678.47, up by 1.12% from the previous close.

Beyond its tragic human toll, the conflict looked set to send prices even higher at gasoline pumps and grocery stores around the world as prices for oil, wheat and corn soared.

The higher cost of gas is likely to further damage Asian economies, already reeling from the coronavirus pandemic.