The Business Times

Seoul: Won ends up on late US dollar-selling, stocks tread on water

Published Thu, Aug 25, 2016 · 06:46 AM

[SEOUL] The South Korean won extended gains on Thursday as US dollar-selling picked up toward late trade.

The won was quoted at 1,115.9 to the US dollar at the conclusion of onshore trade, up 0.5 per cent compared to Thursday's close of 1,122.0.

South Korean shares were little changed with the Korea Composite Stock Price Index (Kospi) closing at 2,042.92 points.

Offshore investors sold a net 318.7 billion won (S$386.83 million) worth of Kospi shares for the day.

REUTERS

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