Seoul: Won ends up on risk sentiment, stocks unchanged
[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
KEYWORDS IN THIS ARTICLE
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Capital Markets & Currencies
Weaker yen keeps Japanese tourists at home while visitors throng
Wall Street bulls say stock rally can resume even without rate cuts
Powering optimal deals with innovation
Europe: Stoxx 600 logs best day in three months as banks shine
US: Stocks rally after strong tech results
Mixed trading in Asia as investors watch for further macro data; STI down 0.2%