Seoul shares gain on U.S. data, led by exporters

Newswire

SEOUL, Oct 31 (Reuters) - Seoul shares rose 1.5 percent on Monday, led by Hyundai Motor Co. and other exporters after data showed stronger-than-expected U.S. economic growth in the third quarter and as investors viewed a recent sell-off as overdone. The benchmark Korea Composite Stock Price Index (KOSPI) closed up 1.52 percent to 1,158.11. Auto maker Hyundai Motor rose 2.41 percent to 76,600 won.

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