Seoul shares flat as investors await U.S. session

SEOUL Thu Dec 27, 2012 7:12pm EST

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SEOUL Dec 28 (Reuters) - Seoul shares were rangebound in early morning trade on Friday as investors waited to see if U.S. lawmakers could find a last-minute solution to avoid deep and automatic spending cuts and tax hikes in the new year.

The Korea Composite Stock Price Index (KOSPI) was up 0.1 percent at 1,988.77 points at 0007 GMT. (Reporting by Hyunjoo Jin)