S.Korean shares rise on U.S. econ data, exporters up

Newswire

(Updates to mid-morning) SEOUL, Oct 31 (Reuters) - Seoul shares rose on Monday, led by exporters such as Hyundai Motor Co. , after data showed stronger-than-expected U.S. economic growth in the third quarter and as investors viewed a recent sell-off as overdone. Stocks likely to benefit from domestic demand also rose despite soft data on South Korea's service sector output, as cheaper valuations following recent sharp falls attracted buyers, offsetting the impact of the data. Kookmin ...

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