South Korean stocks closed 0.53 percent higher Tuesday as local exporters rebounded from their recent losses sparked by concerns over the eurozone economy, analysts said. The local currency gained against the U.S. dollar. The benchmark Korea Composite Stock Price Index (KOSPI) rose 10.38 points to 1978.56. Trading volume was low at 313.3 million shares worth 3.62 trillion won (US$3.26 billion), with gainers outnumbering decliners 471 to 318.
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