(For the midday report, please click )
SEOUL, March 27 Seoul shares rose to their
highest closing level in four weeks on Thursday, as foreigners
picked up large-cap stocks such as Samsung Electronics as
concerns about the strength of coming first-quarter earnings
The Korea Composite Stock Price Index (KOSPI) closed
up 0.7 percent at 1,977.97 points, the highest close since Feb.
Foreign investors bought a net 242.3 billion won ($225.4
million) Korean won of KOSPI shares.
Samsung Electronics Co Ltd, which accounts for
one-sixth of total market capitalisation, advanced 3.7 percent.
Hyundai Motor Co and Hyundai Mobis Co Ltd, the second and
third largest components in KOSPI, gained 1.2 percent and 1.4
(Reporting by Jungmin Jang; Editing by Richard Borsuk)