April 20, 2024

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[THE INVESTOR] Korean stocks closed higher on Sept. 10 as investors went on bargain hunting following last week‘s slump triggered by trade woes, led by gains in construction shares. The Korean won fell against the greenback.

The benchmark KOSPI added 7.08 points, or 0.31 percent, to close at 2,288.66. Trade volume was moderate at 304.91 million shares worth 5.39 trillion won (US$4.77 billion), with winners beating losers 473 to 361.

Foreigners scooped up a net 112.37 billion won worth of stocks to support the market index. Institutions and retail investors dumped a net 115.02 billion won and 41.09 billion won, respectively.

The local currency closed at 1,128.40 won against the US dollar, down 5.60 won from previous session.

By Song Seung-hyun and newswires (ssh@heraldcorp.com)