You are here

Seoul: Won ends lower as US dollar holds broadly firm; stocks up

23045848 - 06_02_2012 - forex7.jpg

[SEOUL] The South Korean won finished lower on Monday on a broadly firmer US dollar while stocks were supported by extended foreign buying.

The won was quoted at 1,136.4 to the US dollar at the conclusion of onshore trade, down 0.2 per cent compared with Friday's close of 1,133.9.

South Korean shares edged up as foreign investors accelerated stock-buying later in the session.

The Korea Composite Stock Price Index (Kospi) rose 0.2 per cent to 2,021.11 points.

Offshore investors continued their buying-spree for the eighth straight session, purchasing a net 226.6 billion won (S$268.78 million) worth of Kospi shares for the day.


BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to