Seoul: Won at 1-week high as exporters sell US dollars, stocks firmer
Add BT as a preferred source
DeeperDive is a beta AI feature. Refer to full articles for the facts.
[SEOUL] The South Korean won extended gains on Thursday and finished at its highest level in a week as exporting companies took profit on their recent dollar gains.
The won was quoted at 1,186.6 to the US dollar at the conclusion of onshore trade, up 0.5 per cent compared with the previous close of 1,193.0.
South Korean shares ended a bit higher on support of foreign investors' stock-buying.
The Korea Composite Stock Price Index (Kospi) closed up 0.1 per cent at 1,985.11 points.
Offshore investors bought a net 232.4 billion won (S$269.63 million) worth of Kospi shares for the day.
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?
