Seoul shares gain for 2nd day and surge in July

Newswire

(Updates to close) By Rafael Nam SEOUL, July 31 (Reuters) - Seoul shares rose 1.4 percent on Tuesday for a second winning session as improved business sentiment data lifted manufacturers such as LG.Philips LCD, helping the main index to its best month since November 2005. Despite last week's volatile ride, the KOSPI surged 10.9 percent in July, marking its sixth consecutive monthly gain in a record-setting rally driven by optimism about the economy and corporate profits, and supported ...

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