You are here

South Korea: Shares edge down, won slightly up on US growth data


[SEOUL] South Korean shares and the won were little changed on Friday as investors waited for fresh clues on the outlook for US monetary policy and the global economy.

The Korea Composite Stock Price Index (KOSPI) closed down 0.2 per cent at 2,029.47 points.

On a weekly basis, Kospi shares snapped four weeks of gains and fell 0.5 per cent.

The South Korean won was quoted at 1,140.1 against the dollar at the conclusion of onshore trade, up 0.2 per cent compared to Thursday's close of 1,142.3.

On a monthly basis, the local currency was up 4.0 per cent, posting its biggest monthly gain since late October 2011. It fell 1.4 per cent against the dollar this week.