Friday, December 16, 2011

Seoul shares open higher as U.S. data, refiners help

SEOUL (Dec 16): Seoul shares opened 0.5 percent higher on Friday after gains on Wall Street and buoyed further by signs of strength in the U.S. economy.

The market's early gains were led by refiners and shipbuilders, with SK Innovation rising 1 percent and Hyundai Heavy Industries climbing 1.5 percent.

The Korea Composite Stock Price Index was up 0.59 percent at 1,829.91 points as of 0003 GMT. - Reuters

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