Seoul shares open stronger on Spain bank fund
SEOUL, June 11 |
SEOUL, June 11 (Reuters) - Seoul shares started strongly on Monday, rising on relief among investors after euro zone finance ministers agreed to a rescue fund to bail out debt-stricken Spanish banks.
Shipbuilders led the early rally. Samsung Heavy Industries soared 4.5 percent while Daewoo Shipbuilding & Marine Engineering climbed 3.8 percent.
The Korea Composite Stock Price Index (KOSPI) was up 1.47 percent at 1,862.66 points as of 0002 GMT. (Reporting by Joonhee Yu; Editing by John Mair)
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