Seoul shares hit 1-mth closing high on chip makers

Newswire

(Updates to close) By Rafael Nam SEOUL, March 26 (Reuters) - Seoul shares rose 0.2 percent to their highest close in a month on Monday as chip makers gained on hopes for rebounding flash memory chip prices, while Hyundai Heavy hit a record after winning a $1.1 billion deal to build a power plant. But Hyundai Motor fell after authorities launched a probe into three of its affiliates for suspected tax evasion, while POSCO dropped after an executive of Arcelor Mittal said it was not ...

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