Seoul: stocks close near record high, won edges up

[SEOUL] South Korean shares closed up for a second session on Friday near record highs, as expectations for strong second quarter corporate earnings supported the benchmark stock index.

The Korea Composite Stock Price Index (Kospi) closed up 0.35 per cent at 2,378.60 points, posting a slight weekly gain and staying near the 2,387.29 all-time high on June 14.

The won was quoted at 1,138.8 to the US dollar at the conclusion of onshore trade, up 0.18 per cent compared to Thursday's close of 1,140.9.

REUTERS