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Seoul: Stocks barely move but have best week in six; won higher


[SEOUL] South Korean shares closed Friday little changed, as gains in machinery stocks offset losses for retail counters The Korea Composite Stock Price Index (KOSPI) ended 1,989.86 points, fractionally above from the previous close at 1,988.9.

For the week, the Kospi rose 0.8 per cent, its best performance in six weeks.

The won ended local trade 0.6 per cent higher at 1,154.3 per dollar. It gained 0.8 per cent for the week, snapping a three-week losing streak.