South Korean stocks closed 2.6 percent higher

31 South Korean stock market closed 2.6 percent higher, extending the previous session jumped 12% rise by POSCO and Hyundai Heavy Industries and other industries to boost stocks rise, but banking stocks were a drag on the market caused by the index. Composite Index. KS11 closed 2.61 percent higher to 1113.06, after earlier losing more than 2% at one time. Korean stocks fell by about 23% this month, but the weeks line up is 18.5 percent, the highest in the history of the largest single