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Seoul: Won, stocks end flat; Fed outcome in spotlight

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The South Korean won finished nearly unchanged on Wednesday in a subdued session as the investors waited for the US Federal Reserve's policy decision.

[SEOUL] The South Korean won finished nearly unchanged on Wednesday in a subdued session as the investors waited for the US Federal Reserve's policy decision.

The won was quoted at 1,134.2 to the dollar at the conclusion of onshore trade, up 0.1 per cent compared to Tuesday's close of 1,134.9.

South Korean shares ended slightly lower though offshore investors supported the main board by stretching their buying spree into a 15th straight day.

The Korea Composite Stock Price Index (Kospi) closed down 0.1 per cent at 2,025.05 points.

Foreign investors bought a net 243.9 billion won (S$292 million) worth of Kospi shares for the day.

REUTERS

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