Wednesday, December 7, 2011

Seoul shares edge up; bank shares lead

SEOUL (Dec 7): Seoul shares opened higher on Wednesday on hopes of a broad policy agreement at an upcoming European summit, but gains are seen limited amid continued warnings abut the region's debt burden.

Early rises were led by bank shares, with Shinhan Financial Group advancing 1.2 percent, and Hana Financial Group climbing 1.01 percent.

The Korea Composite Stock Price Index (KOSPI) was up 0.51 percent at 1,912.60 as of 0004 GMT. - Reuters

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