S Korean stocks steady; won inches down

Dhaka,  Thu,  17 August 2017
Published : 19 May 2017, 13:01:00
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S Korean stocks steady; won inches down

S Korean stocks steady; won inches down
The South Korean stocks held steady on Friday as investors showed mixed views about the risks posed to emerging markets by the political turmoil in Washington.

South Korean shares held steady and the Korea Composite Stock Price Index (KOSPI) closed up 0.1 per cent at 2,288.48 points.

The won was quoted at 1,127.2 to the dollar at the conclusion of onshore trade, down 0.2 per cent versus Thursday's close of 1,124.5.

Offshore investors purchased a net 40.7 billion won ($36.12 million) worth of KOSPI shares for the day. They have been net buyers for four straight sessions.

Both the won and KOSPI barely moved on a weekly basis, according to Reuters.
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