Seoul shares hit record; shipbuilders, POSCO rally

Newswire

(Updates to close) By Rafael Nam SEOUL, April 24 (Reuters) - Seoul shares on Tuesday hit their 12th record this month as Samsung Heavy surged to its highest intraday in over a decade following its stronger-than-expected profits, fuelling a rally in the shipbuilding sector. POSCO jumped to a record 405,500 won after Woori Bank said it could buy an additional stake in the world's third-biggest steel maker worth nearly $190 million, which may be purchased in the market. [ID:nSEO361652] ...

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