Korean stocks closed slightly higher on Feb. 12 as investors took a wait-and-see stance on ongoing Washington-Beijing trade talks. The local currency rose against the US greenback.
The KOSPI added 9.74 points, or 0.45 percent, to finish at 2,190.47. Trading volume was moderate at 423.29 million shares worth 5.75 trillion won (US$5.12 billion), with gainers outnumbering losers 412 to 404.
The Korean won traded at 1,123.90 won against the US dollar, up 0.80 won from the previous session’s close.
By Ram Garikipati and newswires (
ram@heraldcorp.com)