• Most Popular
  • Most Shared

Seoul shares gain; banks up before rate decision

Thu Jan 8, 2009 7:07pm EST

Stocks

   

SEOUL, Jan 9 (Reuters) - Seoul shares opened higher on Friday led by banking issues including KB Financial Group (105560.KS) ahead of the Bank of Korea's monthly interest rate decision, but worries about U.S. job data limited gains.

The Korea Composite Stock Price Index was up 0.57 percent at 1,212.61 points as of 0005 GMT.

(Reporting by Jungyoun Park; Editing by Keiron Henderson)



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.

Leaves gather in front of an empty and boarded-up house in Youngstown, Ohio November 21, 2009.    REUTERS/Brian Snyder

Castles built on sand

Rust-belt American cities like Youngstown, Ohio were battered by the downturn. Now they're ready to move on, but it won’t be easy. The first in a three-part report.  Full Article 

REUTERS/James Saft

Welcome to the "Teenies"

Shrinking financial sector? Paltry investment returns? Welcome to the the next decade. Don't worry, there's some good news, too.  Commentary