Seoul: Stocks finish higher on foreign buying, won edges up
[SEOUL] South Korean shares closed higher on Tuesday supported by foreign buying.
The Korea Composite Stock Price Index (KOSPI) closed up 0.6 per cent at 1,994.91 points, reversing four consecutive losing sessions.
Offshore investors bought a net 148.7 billion won (S$174.8 million) worth of shares as of 0604 GMT.
The South Korean won edged up as the dollar struggled globally.
The local currency was quoted at 1,163.8 to the dollar at the conclusion of onshore trade, up 0.2 per cent versus Monday's close of 1,166.2.
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 logs best day in three months as banks shine
US: Stocks rally after strong tech results
Mixed trading in Asia as investors watch for further macro data; STI down 0.2%
Vietnam delays launch of new stock trading system
Hong Kong bourse regains favour on hopes of a market revival
Asia: Markets rise as strong US tech earnings offset poor data