• Most Popular
  • Most Shared

Seoul stocks rise on eased U.S. recession worry

Sun Dec 23, 2007 7:04pm EST

Stocks

   

SEOUL, Dec 24 (Reuters) - Seoul shares rose 1.1 percent on Monday, led by tech titles such as LG Electronics Inc (066570.KS) after better-than-expected U.S. spending data eased worries about South Korea's No.2 export destination.

The benchmark Korea Composite Stock Price Index was up 1.12 percent at 1,899.31 points as of 0002 GMT, with LG Electronics rising 1.94 percent to 105,000 won.

(Reporting by Kim Soyoung; Editing by Sei Chong)



More from Reuters

Photo

Investors seen jumping the gun on airport security

BANGALORE (Reuters) - Investors' optimism surrounding the shares of airport security systems makers could be premature as interest in the companies' products after the Christmas Day plane scare is not expected to translate into immediate orders.

» More Top News
A hiring sign hangs in a window at PETCO in Falls Church, Virginia June 5, 2009.REUTERS/Kevin Lamarque

Dust off your resumes

Employers say they'll be adding headcount in the coming year. Here's where the jobs will be.  Full Article 

ECONOMY
A traveller lifts her arms as she stands in the new security scan at Schiphol airport, Netherlands, May 15, 2007.REUTERS/Jerry Lampen

Are you ok getting "naked"?

Full-body scanners can detect weapons under clothing but also expose passengers to operators. Should security trump privacy?  Full Article | Video 

U.S.