South Korean stocks, won steady

Dhaka,  Monday,   2016-09-20
Published : 20 Sep 2016, 12:34:41

South Korean stocks, won steady

South Korean stocks, won steady
South Korean shares and the won were steady on Tuesday as investors stayed on the sidelines ahead of central bank policy decisions in Japan and the United States.

The Korea Composite Stock Price Index (KOSPI) was nearly unchanged at 2,015.52 as of 0222 GMT.

The won was down 0.1 per cent at 1,119.1, compared with Monday's close of 1,118.1.

Both the US Federal Reserve and the Bank of Japan's September meeting results will be out on Wednesday.

Offshore investors had purchased a net 31.0 billion won ($27.73 million) of KOSPI shares near mid-session and were expected to be buyers for a third straight session.

Shares of SK Chemicals Co Ltd rose more than 2.0 per cent, while SK Innovation Co Ltd fell 1.3 per cent.

Decliners and advancers were almost even by 395 to 379.

September futures on three-year treasury bonds gained 0.01 point to 110.59, according to a news agency report.

-SRS-
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