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Seoul shares touched their highest point in nearly four weeks in early trading on this
Monday on demand from foreign and institutional investors, who stayed upbeat on the prospects
for the global economy thanks to positive growth data from the euro zone.
As of 1:30 p.m. Korea time, the benchmark KOSPI was up three-tenths of a percent at
19-47 after hitting an intraday high of 19-55 just after the open - its highest since January
23rd. The tech-heavy KOSDAQ was down point-1 percent
while on the foreign exchange counter, the Korean currency was trading weaker against
the greenback at 1-thousand-and-61 won.