Seoul shares at record high as banks, insurers gain

Newswire

(Updates to mid-morning) SEOUL, Sept 28 (Reuters) - South Korean shares posted an all-time high on Wednesday, led by Hana Bank and other financials as investors were optimistic about earnings in the sectors and amid hopes for a recovery in domestic demand. The market rose further due to sustained end-month cash inflows from stock savings accounts held by retail investors, which have helped shares gain 35 percent so far this year. "The economic outlook, in particular consumption, is ...

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