seoul-shareSEOUL: South Korean shares climbed on Thursday, hitting a three-week high as hints of a possible compromise in US fiscal talks spurred investor appetite.

 

Auto shares and shipbuilders rose, with Kia Motors Corp up 4.7 while STX Offshore & Shipbuilding Co Ltd rallied 10.5 percent.

 

The Korea Composite Stock Price Index (KOSPI) rose 1.15 percent to close at 1,934.85 points, its highest closing since November 7.

Copyright Reuters, 2012

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