Seoul shares at 27-mth closing high, Hyundai Rotem mark strong debut

Newswire

SEOUL, Oct 30 (Reuters) - Seoul shares rose to their highest closing level in 27 months on Wednesday, buoyed by expectation the U.S. Federal Reserve will maintain the current pace of its asset-buying stimulus programme at least until March next year. The Korea Composite Stock Price Index (KOSPI) closed up 0.4 percent at 2,059.58 points on Wednesday, its best close since Aug. 3 2011. Offshore investors, who repositioned as buyers later in the session by ...

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