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Home International Markets

South korean stocks slightly higher at end of trade, KOSPI up 3.91pts

byCustoms Today Report
30/05/2015
in International Markets
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SEOUL: South Korean stocks finished slightly higher on Friday as foreign investors’ massive buying helped offset concerns over an interest rate hike in the U.S. and Greece’s debt rescheduling talks, analysts said. The local currency dropped against the U.S. dollar.

The benchmark Korea Composite Stock Price Index (KOSPI) edged up 3.91 points, or 0.19 percent, to 2,114.80. Trading volume was moderate at 448.18 million shares worth 7.63 trillion won (US$6.9 billion), with gainers surpassing losers 426 to 390.

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