Markets

South Korean shares end 0.56pc higher

SEOUL : South Korean shares closed 0.56 percent higher on Thursday boosted by major technology shares as investors bet A

Published August 25, 2011 Updated August 25, 2011 07:05am

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By Syed Murtaza Gheblehzadeh

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The benchmark KOSPI gained 9.80 points to end at 1,764.58 on heavy buying by institutional investors.

Samsung Electronics, the nation's largest firm by value and the world's second biggest mobile phone maker, climbed 2.4 percent and the number three LG Electronics rose 1.27 percent.

Hynix Semiconductor, the world's second-largest computer-memory chipmaker, gained 6.46 percent.

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