Seoul: Won edges up as US dollar eases; stocks end lower

[SEOUL] The South Korean won ended higher on Thursday as the US dollar eased ahead of the US Federal Reserve Chair Janet Yellen's speech on Friday.

The won was quoted at 1,180.4 per US dollar at the conclusion of onshore trade, up 0.2 per cent from Wednesday's close of 1,182.5.

South Korean shares edged down as a drop in China equities weighed on the market.

The Korea Composite Stock Price Index (KOSPI) closed down 0.2 per cent at 1,957.06.

Foreign investors turned sellers near the end of the session, offloading a net 3 billion won (S$3.5 million) worth of KOSPI shares.

REUTERS