1 Min Read
SEOUL, April 10 (Reuters) - Seoul shares posted solid gains on Wednesday, despite tensions with North Korea, as investors anticipated that the Bank of Korea will cut interest rates at a policy meeting on Thursday.
The Korea Composite Stock Price Index (KOSPI) rose 0.77 percent to close at 1,935.58 points, climbing up from a 4-1/2 month low hit in Tuesday's trade.
LG Electronics rose 5.2 percent to a one-year high on expectations of a big jump in earnings as its smartphones grab market share. (Reporting by Somang Yang; Editing by Richard Borsuk)