Seoul: Won ends up on risk sentiment, stocks unchanged
DeeperDive is a beta AI feature. Refer to full articles for the facts.
[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
Share with us your feedback on BT's products and services
TRENDING NOW
Autobahn Rent A Car directors declared bankrupt over S$50 million each owed to DBS
Amazon’s MGM Studios gains creative control over ‘James Bond’ franchise
UOB’s Wee Ee Cheong says S$4.9 billion Citi deal ‘paying off’ as Asean push accelerates
In taxing wealth, how far can Singapore push property owners?