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  • Seoul shares up 1.2% higher on blue-chip gains
    Seoul shares up 1.2% higher on blue-chip gains
    South Korean stocks traded higher late Tuesday morning as investors picked up tech, steel and other large-cap shares following a marked loss in the previous day. The benchmark Korea Composite Stock Price Index rose 23.67 points, or 1.19 percent, to 2,015.64 as of 11:20 a.m. This followed a 1.82 percent plunge on Monday.Tech issues rebounded, with Samsung Electronics and Internet portal operator Naver jumping 1.79 per...
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Seoul shares up 1.2% higher on blue-chip gains

Dec. 1, 2015 - 11:42 By KH디지털2

South Korean stocks traded higher late Tuesday morning as investors picked up tech, steel and other large-cap shares following a marked loss in the previous day.

The benchmark Korea Composite Stock Price Index rose 23.67 points, or 1.19 percent, to 2,015.64 as of 11:20 a.m. This followed a 1.82 percent plunge on Monday.

Tech issues rebounded, with Samsung Electronics and Internet portal operator Naver jumping 1.79 percent and 1.74 percent, respectively.

Steelmaking giant POSCO surged nearly 3 percent, while No. 1 cosmetics producer AmorePacific also added 3.1 percent. 

The local currency was changing hands at 1,156.65 won against the greenback as of 11:20 a.m., up 1.45 won from Monday's close. (Yonhap)

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