Seoul: Stocks higher, led by electronics, machinery sectors; won down

[SEOUL] South Korean shares advanced on Thursday with the biggest gains in electronics and machinery sectors as institutional buying persistently supported the main board.

Foreign investors turned net buyers in five sessions, purchasing a net 68.8 billion won (S$84.4 million) worth of KOSPI shares, preliminary data showed.

The Korea Composite Stock Price Index (KOSPI) closed up 1.1 per cent at 2,030.68.

The local currency was quoted at 1,147.3 to the dollar at the conclusion of onshore trade, down 0.3 per cent compared with Wednesday's close of 1,143.4.

REUTERS