Seoul: Shares post biggest weekly gain in 10 months

[SEOUL] South Korean shares ended almost unchanged on Friday but posted their sharpest weekly gain in 10 months on reduced worries about chances for an early US interest rate increase.

The Korea Composite Stock Price Index (KOSPI) closed down 0.03 per cent at 2,037.24 points. On the week, the index rose 2.6 per cent, marking the best increase since the week ended May 16, 2014.

The won ended onshore trade at 1,123.0 per dollar, edging down 0.5 per cent from the previous close of 1,117.2.

REUTERS