Seoul: Won ends at 1-week high; stocks steady
Published Wed, Mar 8, 2017 · 07:15 AM
[SEOUL] The South Korean won erased earlier losses and reversed to a near one-week closing high on Wednesday, as investors sold dollars in the later session.
The won was quoted at 1,145.5 to the dollar at the conclusion of onshore trade, up 0.1 per cent compared with Tuesday's close of 1,146.1.
South Korean shares were steady with the Korea Composite Stock Price Index (KOSPI) ending up 0.1 per cent at 2,095.41 points.
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
LSEG reports in-line first quarter as Microsoft partnership progresses
Japan brokerage Daiwa’s Q4 profit more than doubles as markets recover
South Korea readies new system to detect illegal short-selling
Asia: Markets mixed as global rally stalls, eyes on yen
Singapore shares retreat at Thursday’s open; STI down 1.1%
Stocks to watch: Keppel, FCT, Suntec Reit, OUE Reit, Clint, Digital Core Reit, OKP, Cordlife