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Companies & Markets

Seoul: Stocks up on Q1 earnings hopes, won flat

Published Tue, Mar 28, 2017 · 07:01 AM
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[SEOUL] South Korean shares ended up on Tuesday on hopes companies will report upbeat March-quarter earnings, with the focus squarely on tech giant Samsung Electronics Co Ltd's report early next month.

The Korea Composite Stock Price Index (Kospi) closed up 0.4 per cent at 2,163.31 points.

Foreign investors were net buyers to the tune of a small 10.3 billion won (S$12.91 million) worth of Kospi shares.

The South Korean won was quoted at 1,113.0 to the US dollar at the conclusion of onshore trade, almost flat from Monday's close of 1,112.8.

REUTERS

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