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The Korea Herald
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THE INVESTOR
April 25, 2024

Market Now

Seoul shares close higher amid ongoing US-China trade talks

  • PUBLISHED :December 07, 2018 - 16:17
  • UPDATED :December 07, 2018 - 16:17
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[THE INVESTOR]  Korean stocks ended higher on Dec.7 as investors remained cautious about the ongoing US-China trade deal. The won rose against the US dollar. 

The benchmark KOSPI trimmed earlier gains to end 7.07 points, or 0.34 percent, higher than the previous sesssion at 2,075.76. Trading volume was moderate at 363 million shares worth 4.22 trillion won (US$3.80 billion), with gainers outnumbering losers 453 to 359.

Foreigners and individuals bought a combined 39 billion won worth of stocks, but institutions offloaded 60.52 billion won worth of shares.

The local currency traded at 1,119.80 won against the US dollar, up 0.50 won from the previous session’s close.

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


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