Seoul shares hit 1-week closing high on economic optimism

Newswire

SEOUL, Aug 26 (Reuters) - Seoul shares rose to their highest closing in a week on Monday as auto and tech issues rallied on bargain hunting led by foreigners after Friday's euro zone data brightened the global economic growth outlook. The Korea Composite Stock Price Index (KOSPI) rose 1.0 percent to 1,887.86 points, the highest closing level since Aug. 19. Automaker Hyundai Motor Co rose 3.7 percent and its affiliate Kia Motors Corp gained 2.1 percent. Battery ...

REGISTER NOW

To access this content simply register below now.
Registering is easy and allows you to:

  • Access all WardsAuto.com public content and newswire stories
  • Participate in forums
  • Comment on articles
  • Sign up for e-newsletters
  • And much more!
     

Already registered? here.
Connect With Us

Sponsored Introduction Continue on to (or wait seconds) ×