Seoul shares at record high on firmer financials

Newswire

(Updates to noon) SEOUL, Sept 28 (Reuters) - Seoul shares extended recent gains to set a record high on Wednesday, as Hana Bank and other financials rose amid earnings optimism and due to growing prospects for a recovery in domestic demand. The market also got a boost from end-month inflows of cash 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 very positive," said Ri ...

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