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SEOUL, April 10 Seoul shares rose on Thursday to
close above the important 2,000-point level for the first time
this year, and the won pared much of its earlier gains on
dollar-buying intervention by local authorities and profit
Risk appetite, which got a boost from gains on Wall Street,
was tempered by worse-than-expected March China exports data and
as Chinese Premier Li Keqiang dashed stimulus hopes.
The Korea Composite Stock Price Index (KOSPI)
finished up 0.5 percent at 2,008.61 points, the highest close
since Dec. 30, 2013.
The local currency was quoted at 1,040.2 against
the dollar at the end of onshore trade, up 0.1 percent from
Wednesday's close at 1,041.4.
The won hit an intraday high of 1,031.4 in early trading,
its strongest level since Aug. 12, 2008.
(Reporting by Jungmin Jang; Editing by Shri Navaratnam)