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
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
Europe: Stoxx 600 falls on banks drag; tech contains losses on ASMI boost
US: Stocks end flat ahead of key inflation data
Hong Kong spot crypto ETFs to start trading next week
Greenback recovers from PMI slump, yen closes in on 155 per dollar
Hong Kong Stock Exchange bids farewell to first woman chair
Asia stocks rise on Wednesday amid Wall Street rally; STI up 0.6%