Seoul: Won, stocks ease on strengthened US dollar
[SEOUL] The South Korean won and shares finished lower on Thursday as the dollar continued its rally, affecting global markets.
The won was quoted at 1,166.3 to the US dollar at the conclusion of onshore trade, down 0.4 per cent from Wednesday's close of 1,161.2.
The Korea Composite Stock Price Index (KOSPI) closed down 0.5 per cent at 1,985.97 points.
Offshore investors extended to 11 days their streak of net buying of shares. On Thursday, they purchased 50.5 billion won worth of local counters.
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