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Seoul: Won ends up on risk sentiment, stocks unchanged

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[SEOUL] The South Korean won rebounded on Tuesday from its recent sharp decline as investor risk appetite was broadly boosted by a strong Wall Street.

The won was quoted at 1,173.7 to the US dollar at the conclusion of onshore trade, 0.5 per cent stronger compared with Monday's close of 1,179.7.

South Korean shares flitted between positive and negative territory throughout the day. The Korea Composite Stock Price Index (KOSPI) closed nearly steady at 1,968.06 points.

REUTERS