Friday, July 22, 2011

Seoul shares open higher, Kia Motors rises

SEOUL: Seoul shares opened higher on Friday, boosted by investors' relief following euro zone leaders' plan to provide additional financial aid to Greece to contain the region's debt crisis.

Kia Motors gained 1.5 percent after South Korea's No.2 carmaker agreed to this year's wage deal with its union.

The Korea Composite Stock Price Index (KOSPI) was up 1.03 percent at 2,167.03 points minutes after opening 0.79 percent higher. ' Reuters

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