S.Korea shares up on chip makers, US housing data

Newswire

(Updates to midday) SEOUL, Sept 28 (Reuters) - Seoul shares gained 0.6 percent on Thursday as Hynix Semiconductors Inc. and other chip makers rose on expectations for higher memory chip prices. Exporters such as LG Electronics Inc. advanced as a surprising jump in U.S. housing data refreshed optimism that consumer confidence and corporate earning will improve in the world's top economy. STX Shipbuilding Co. was also up as the company said it aimed to sell a stake in its wholly-owned ...

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