Article: Seoul shares end higher on Citigroup news.

SEOUL, Nov. 27 (Yonhap) -- Reversing earlier losses, South Korean stocks closed higher Tuesday, as a planned fund injection to Citigroup eased investor concerns over a global credit crunch, analysts said. The local currency ended flat against the greenback.The benchmark Korea Composite Stock Price Index (KOSPI) rose 4.46 points, or 0.24 percent, to 1,859.79. Volume was moderate at 327.6 million shares worth 7.3 trillion won (US$7.85 billion), but losers outnumbered gainers 496 to 309."The main index traded lower in early trading on Wall Street losses. But it rebounded in late trading on a report that U.S. banking ginat Citigroup Inc. will raise a fund to help ...

Related newspaper, magazine, and journal articles:

 
 
Newsweek Harper's Magazine The Washington Post Chicago Tribune Crain's Chicago Business PRNewswire Pediatric News The Nation Advertising Age The Economist (US) A FREE trial gives you access to over 80 million articles! Access over 6,500 publications with a FREE trial!