SEOUL: South Korean shares erased early declines and closed up 1 per cent on Wednesday as investors played catch-up after a long weekend and as foreigners turned net buyers.
The Korea Composite Stock Price Index (KOSPI) ended up 1 per cent to 1,962.91 points after falling as much as 1.4 per cent early in the session.
During the month, it was up 1.1 per cent, breaking a four-straight-month losing spree. On a quarterly basis, however, it slid 5.4 per cent, marking the sharpest quarterly per centage fall since June 30, 2013.
