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South Korean shares snap two-day loss; KEPCO lifts utilities
February 27, 2013 / 6:06 AM / in 5 years

South Korean shares snap two-day loss; KEPCO lifts utilities

SEOUL, Feb 27 (Reuters) - South Korean shares ticked up on Wednesday as the Federal Reserve’s commitment to monetary easing and a stronger yen contributed to renewed investor interest.

The Korea Composite Stock Price Index (KOSPI) rose 0.2 percent to close at 2,004.04 points, snapping a two-day loss.

State-owned utility Korea Electric Power Corp (KEPCO) rallied 5 percent, leading the sector’s 4.2 percent rise. (Reporting by Somang Yang; Editing by Sanjeev Miglani)

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