Seoul: Won ends at 1-wk low, stocks nearly steady

[SEOUL] The South Korean won finished at a one-week low on Monday as the dollar stayed strong ahead of the US Federal Reserve policy meeting later in the week.

The currency was quoted at 1,147.8 to the US dollar at the conclusion of onshore trade, down 0.4 per cent from Friday's close of 1,143.1.

South Korean shares changed little, as foreigners' continued buying offset selling by domestic institutions and individuals.

The Korea Composite Stock Price Index (KOSPI) closed down 0.1 per cent at 2,014.55 points.

Offshore investors marked a ninth buying session, adding a net 221.7 billion won (S$262 million) worth of KOSPI shares on the main exchange on Monday.

REUTERS