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Seoul shares up 0.64 pct late Thurs. morning

South Korean stocks traded 0.64 percent higher late Thursday morning on rising optimism for a rate cut by the Federal Reserve.

The benchmark Korea Composite Stock Price Index had gained 17.8 points to 2,811.81 as

The confidence index in the second quarter decreased.

SME D Bank reveals Q2/67 confidence index at 52.06, down due to SMEs recommending the government inject money to stimulate purchasing power.

Mr. Pichit Mitrawong, Managing Director of the Small and Medium Enterprise Development Bank