Seoul stocks close steady; chipmakers bounce

Newswire

By Park Jung-youn SEOUL, March 31 (Reuters) - Seoul stocks closed up 0.13 percent on Monday after wavering in and out of negative territory all day, with gains by memory chipmakers such as Samsung Electronics offsetting losses by financials. Samsung Electronics gained 1.63 percent to 623,000 won and Hynix Semiconductor Inc rose 5.89 percent to 27,850 won, boosted by reports Japanese rival Elpida Memory Inc was aiming to raise memory chip prices. "The market is reacting to the report, ...

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