Shares of Seoul slightly rose on Wednesday backed by the gains of Kia Motors, who had strong July sales in the US. But according to the US economic data, rises are weaker than estimated.
The Korea Composite Stock Price Index was increased by 0.14% at 1,793.14 points. For automakers with North American and the U. S headquarters in Orange County, July was witnessed as another profitable month.
Fountain Valley based Hyundai Motor America has sold 54,106 vehicles in July and set a record, as there is an increase of about 19% in sales, as compared to the same month a year ago.