The Seoul stock market's main KOSPI closed up 13.02 points, or 0.64 per cent, at 2,062.22, marking a seventh consecutive session of gains.[SEOUL] South Korean shares rose to seven-week peak on Monday as refineries and shipbuilders rallied on oil price surge, though a fall in memory chip stocks limited the gains.
Shares of South Korean refineries and shipbuilders firmed as oil prices surged to six-month highs on fears over supply disruptions following the attack on Saudi Arabia's oil facilities on Saturday.