SEOUL: South Korean stocks ended higher Monday as investors expected local exporters to get a boost from weak oil prices, analysts said. The local currency dropped against the U.S. dollar.
The benchmark Korea Composite Stock Price Index (KOSPI) gained 3.42 points, or 0.18 percent, to close at 1,952.68. Trading volume was moderate at 357.89 million shares worth 4.3 trillion won (US$3.9 billion), with gainers outpacing losers 444 to 365.