April 23, 2024

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[THE INVESTOR] Korean stocks ended higher on Sept. 20, as investor sentiment was boosted by upbeat corporate earnings forecasts and positive assessments on the outcome of the inter-Korean summit, analysts said. The Korean won rose against the US dollar.

The benchmark KOSPI added 14.99 points, or 0.65 percent, to 2,323.45, hitting the highest since June 29. Trade volume was moderate at 283.96 million shares worth 6.33 trillion won (US$5.65 billion), with losers outnumbering winners 519 to 307.

The Korean currency closed at 1,120.40 won against the US dollar, up 0.70 won from the previous session’s close.

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