Seoul shares up 1 pct, shrug off Spain downgrade
SEOUL |
SEOUL May 31 (Reuters) - Seoul shares rose on Monday, shrugging off Fitch's downgrade of Spain's credit rating, with firm gains in auto and telecom issues including Ssangyong Motor (003620.KS) and SK Telecom (017670.KS), boosting the market.
The Korea Composite Stock Price Index .KS11 (KOSPI) finished up 1.14 percent at 1,641.25 points.
(Reporting by Jungyoun Park; Editing by Jonathan Hopfner)
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