You are here

Seoul: Won erases losses to end firmer, stocks flat

Thursday, December 1, 2016 - 14:48

4_23045848 - 06_02_2012 - forex7.jpg

[SEOUL] South Korea's won finished firmer on Thursday, erasing intraday losses that had sent it to a one-week low, as local exporters selling US dollars for settlements provided support.

The won was quoted at 1,167.6 to the US dollar at the conclusion of onshore trade, up 0.1 per cent compared with Wednesday's close of 1,169.1.

South Korean shares finished flat after four days of gains. The Korea Composite Stock Price Index (Kospi) closed up 0.01 per cent at 1,983.75 points.

REUTERS

sentifi.com

Market voices on:

Nespresso
Pair your daily business read with the perfect cup of espresso.

Subscribe to The Business Times today to receive your very own Nespresso Inissia coffee machine worth $188.

Find out more at btsub.sg/btdeal

Powered by GET.comGetCom