Seoul shares hit record, Kookmin advances

Newswire

(Updates to mid-morning) SEOUL, Oct 29 (Reuters) - Seoul shares gained 1.5 percent to brush a lifetime high on Monday, led by exporters such as Samsung Electronics on expectations of lower U.S. interest rates, while energy stocks gained as oil prices rallied to a fresh record. Kookmin Bank , South Korea's top lender, gained 2.82 percent to 76,500 won. The firm is expected towards the end of the trading session to post a mild rise in quarterly profit after selling a stake in an insurance ...

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