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  • Seoul shares up 0.05 pct in late-morning trade
    Seoul shares up 0.05 pct in late-morning trade
    South Korean stocks traded a tad higher late Monday morning as a robust U.S. jobs report boosted investor sentiment,  with chemical shares getting a big boost from cheaper oil prices that stem from a global oversupply.    The benchmark Korea Composite Stock Price Index rose 1.04 points, or 0.05 percent, to 1,975.49 as of 11:20 a.m.  Refiners traded bullish after oil prices slid to below US$40 per barrel, with t...
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Seoul shares up 0.05 pct in late-morning trade

Dec. 7, 2015 - 11:51 By KH디지털2

South Korean stocks traded a tad higher late Monday morning as a robust U.S. jobs report boosted investor sentiment,  with chemical shares getting a big boost from cheaper oil prices that stem from a global oversupply. 
  

The benchmark Korea Composite Stock Price Index rose 1.04 points, or 0.05 percent, to 1,975.49 as of 11:20 a.m.
  

Refiners traded bullish after oil prices slid to below US$40 per barrel, with the Organization of the Petroleum Exporting Countries deciding to keep production high despite sluggish demand.
  

Top refiner SK Innovation gained 1.93 percent, and No. 3 S-Oil rose 3.63 percent.
  

The local currency was changing hands at 1,167.0 won against the greenback as of 11:20 a.m., down 10.3 won from Friday's close. (Yonhap)

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