April 10, 2013 / 6:21 AM / 4 years ago

Seoul shares post gains ahead of BOK meeting; LG Elec jumps

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)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below