(Bloomberg) -- South Korean stocks rose, set for a record close. LG Petrochemical Co. led chemicals makers higher after reporting first-quarter profit almost tripled on stronger demand and Hyundai Securities Co. raised this year's earnings estimate by 11 percent.
``Today we have positive earnings from LG Petrochemical along with positive comments from analysts,'' said Hong Seung Wan, who manages about $430 million at Woori Credit Suisse Asset Management Co. in Seoul. ``Earnings growth may slow this year but valuations are still attractive compared with other sectors.''
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