Seoul shares edge up; US economic woes cap gains

Seoul shares edged up in early trade on Tuesday, although concerns over possible tax hikes and spending cuts in the United States early next year capped gains. Key stock Samsung Electronics inched down 0.15 per cent, while Hyundai Motor rose 0.9 per cent, and the benchmark Korea Composite Stock Price Index (KOSPI) was up 0.16 per cent at 1,903.86 in early trade.

via Business feed http://www.scmp.com/business/money/market-snapshot/article/1081383/seoul-shares-edge-us-economic-woes-cap-gains