South Korea's consumer confidence hit a seven-year high in November on reduced North Korean risks and eased tensions with China.
 
According to the Bank of Korea(BOK) on Friday, the composite consumer sentiment index for November stood at 112-point-three, up three-point-one points from the previous month. 
 
That's the highest in six years and eleven months since December 2010, when it posted 112-point-seven. The three-point-one gain is the largest increase since June. 
 
The index posted growth for six straight months from February to July, surging 17-point-nine points. It fell one-point-three points in August and two-point-two points in September before rebounding last month.
 
A reading above the benchmark 100 means that optimists outnumber pessimists.