The Business Times

Seoul: Shares end lower, but book solid weekly gains; won down

Published Fri, Nov 27, 2015 · 06:25 AM
Share this article.

[SEOUL] South Korean shares turned lower on Friday as foreign selling put paid to early gains, though the market managed to post a solid rise for the week.

The Korea Composite Stock Price Index (KOSPI) ended down 0.1 per cent to 2,028.99 points.

On a weekly basis, it rose 2.0 per cent, the sharpest weekly per centage gain in seven weeks.

The South Korean won closed local trade down 0.5 per cent to 1,153.0 per dollar, in line with sluggish emerging market currencies. It lost 0.1 per cent for the week.

Foreigners were net sellers, dumping a net 40.1 billion won (S$49 million) worth of stocks on the main board, preliminary data showed.


BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to

Capital Markets & Currencies


Get the latest coverage and full access to all BT premium content.


Browse corporate subscription here