Receive $80 Grab vouchers valid for use on all Grab services except GrabHitch and GrabShuttle when you subscribe to BT All-Digital at only $0.99*/month.
Find out more at btsub.sg/promo
[SEOUL] Seoul shares rose 1 per cent on Tuesday on bargain-hunting after falling more than that the previous day, when the main board fell to a near five-month closing low.
The Korea Composite Stock Price Index (KOSPI) closed at 2,027.99 points. On Monday, it ended at 2,008.49 points, the lowest close since March 16.
The won erased an early loss and closed nearly flat on the dollar after Australia's central bank held interest rates at record lows during the session, while foreign buying in local stocks also bolstered the local currency.
The won closed at 1,165.5 per dollar, barely changed from the previous close at 1,165.9. It touched a morning low of 1,172.0.