SEOUL: South Korean shares rose back above the psychological 2,000-point level on Monday following a rally in US markets and on growing expectations that the European Central Bank will soon add more stimulus.
The South Korean won was down 0.4 per cent at 1,158.3 per dollar.
The Korea Composite Stock Price Index (KOSPI) climbed 0.7 per cent to 2,004.09 points as of 0230 GMT. Shares were on the track for their biggest gain in two weeks by mid-session.
Late on Friday, ECB chief Mario Draghi hinted that the ECB will unveil fresh stimulus measures at its Dec 3 policy meeting.
