April 20, 2024
Market Now
Seoul stocks end higher on improving inter-Korea ties
[THE INVESTOR] South Korean stocks ended higher on Sept. 27 as investor sentiment was boosted by the latest improvement in relations between the two Koreas, analysts said. The Korean won rose against the US dollar.
The benchmark KOSPI moved up 16.26 points, or 0.7 percent, to 2,355.43. Trade volume was low at 273 million shares worth 7.12 trillion won (US$6.40 billion), with winners outnumbering losers 522 to 312.
Foreigners bought more shares than they sold at a net 229 billion won, while retail investors offloaded a net 138 billion won. Institutions sold 132 billion won more than they bought.
The Korean currency closed at 1,112.50 won against the US dollar, up 2.80 won from the previous session’s close.
By Song Seung-hyun and newswires (ssh@heraldcorp.com)
