Seoul shares close at 3-week high on U.S. fiscal hopes
SEOUL Nov 29 (Reuters) - South Korean shares climbed on Thursday, hitting a three-week high as hints of a possible compromise in U.S. fiscal talks spurred investor appetite.
Auto shares and shipbuilders rose, with Kia Motors Corp up 4.7 while STX Offshore & Shipbuilding Co Ltd rallied 10.5 percent.
The Korea Composite Stock Price Index (KOSPI) rose 1.15 percent to close at 1,934.85 points, its highest closing since November 7. (Reporting by Joyce Lee; Editing by Eric Meijer)
- Exclusive: Malaysia plane probe narrows on mid-air disintegration - source
- Radar showed missing plane may have turned back: Malaysia military
- Missing Malaysian jet may have disintegrated in mid-air: source |
- Malaysian plane presumed crashed; questions over false IDs |
- Merkel raps Putin as Russian forces tighten grip on Crimea |