Reuters: Financial Services and Real Estate: Seoul shares open up; shipbuilders lead

Reuters: Financial Services and Real Estate Reuters.com is your source for breaking news, business, financial and investing news, including personal finance and stocks. Reuters is the leading global provider of news, financial information and technology solutions to the world's media, financial institutions, businesses and individuals. // via fulltextrssfeed.com

Seoul shares open up; shipbuilders lead Apr 2nd 2012, 00:07 SEOUL, April 2 | Sun Apr 1, 2012 8:07pm EDT SEOUL, April 2 (Reuters) - Seoul shares opened higher on Monday, underpinned by an acceleration in China's factory output in March that eased worries about an economic slowdown in South Korea's biggest trading partner. Early gains were led by shipbuilders. Samsung Heavy Industries rose 1.72 percent while STX Offshore & Shipbuilding gained 1.4 percent. The Korea Composite Stock Price Index (KOSPI) was up 0.58 percent at 2,025.78 points as of 0003 GMT. (Reporting by Joonhee Yu; Editing by Jonathan Hopfner)

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