Shares gain over 5 per cent in Seoul

Seoul  - Shares jumped more than 5 per cent Tuesday on the Seoul stock exchange on bargain hunting after recent huge losses. South Korea's currency lost further ground against the dollar.

The benchmark Kospi index soared 52.71 points, or 5.6 per cent, to close at 999.16. Advancing issues outpaced decliners 624 to 230.

The main index of the technology-heavy Kosdaq market rose 11.24 points to 272.43.

On currency markets, the US dollar was quoted at 1,467.80 Korean won, after 1,442.50 won on Monday. dpa dg tl

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