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Tuesday, July 16, 2024

Seoul Shares Up 0.4% on Shipyards

Maritime Activity Reports, Inc.

August 9, 2010

According to an August 9 report from Reuters, Seoul shares rose as investor hopes for further stimulus measures from the U.S. Federal Reserve strengthened ahead of its meeting, with gains in shipyards and banking stocks lifting the index. The Korea Composite Stock Price Index .KS11 (KOSPI) ended up 0.36 percent at 1,790.17 points..

(Source: Reuters)