Monday, August 29, 2011

Seoul shares open up 1.6 pct, led by blue chips

SEOUL: Seoul shares opened 1.6 percent higher on Monday, led by blue chip shares such as Hyundai Motor ''following solid gains in U.S. stocks on Friday.

The Korea Composite Stock Price Index (KOSPI) rose 1.44 percent to 1,804.50 points minutes after the market open. ' Reuters

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