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Seoul shares rebound on bargain-hunting

Tuesday, 4 August 2015


Seoul shares rebounded by Tuesday midday on bargain-hunting after closing down more than 1 per cent to a near five-month closing low in the previous session. The Korea Composite Stock Price Index (KOSPI) was up 0.4 per cent at 2,016.13 points as of 0214 GMT. SK Innovation Co Ltd rose 1.5 per cent to 94,400 won from a four-month low of 91,000 won. S-Oil Corp gained 2.8 per cent to 59,300 won from a week low of 56,500 won. SK Hynix Inc shares were up 3.2 per cent. LG Display Co Ltd rebounded 4.7 per cent, according to Reuters.

-SRS