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south_korea_400_copySEOUL: South Korean shares closed 2.68 percent higher Thursday amid growing expectations that Germany's parliament would approve an expansion of the eurozone's rescue fund.

"Of course it won't solve the eurozone's fundamental debt problem, but at least it will provide some relief," Tong Yang Securities analyst Cho Byung-Hyun told Dow Jones Newswires.

The benchmark KOSPI ended up 46.20 points at 1,769.29.

Copyright AFP (Agence France-Presse), 2011

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