April 25, 2024

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[THE INVESTOR] Korean stocks closed higher on Sept. 14 led by gains in top cap Samsung Electronics and other tech shares, analysts said. The Korean won rose against the US dollar.

The benchmark KOSPI added 32.02 points, or 1.4 percent, to 2,318.25. Trade volume was slim at 274.7 million shares worth 5.4 trillion won (US$4.80 billion), with winners outnumbering losers 511 to 313.

Institutions and foreigners bought a net 263 billion won and 192 billion won of local stocks, respectively, while individuals dumped a net 483.9 billion won worth of shares.

The local currency closed at 1,116.60 won against the US dollar, up 5.8 won from the previous session’s close.

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