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Seoul shares post 7-wk closing high fueled by Fed, autos
by hlk Wed 22 May 2013, 15:31
Business & Markets 2013
Written by Reuters
Wednesday, 22 May 2013 14:17
A + / A - / Reset
SEOUL (May 22): Seoul shares hit a 7-week closing high on
Wednesday on robust foreign investor buying after Federal Reserve
officials played down the chances of scaling back the bank's stimulus
programme, with rallies in autos further lifting the market.
The Korea Composite Stock Price Index ended up 0.64 percent at
1,993.83 points, the highest close since early April. - Reuters
Written by Reuters
Wednesday, 22 May 2013 14:17
A + / A - / Reset
SEOUL (May 22): Seoul shares hit a 7-week closing high on
Wednesday on robust foreign investor buying after Federal Reserve
officials played down the chances of scaling back the bank's stimulus
programme, with rallies in autos further lifting the market.
The Korea Composite Stock Price Index ended up 0.64 percent at
1,993.83 points, the highest close since early April. - Reuters
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