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Home / International Markets / South Korean stocks end higher, KOSPI surges 0.39% to 1,946.61pts
South Korean stocks end higher, KOSPI surges 0.39% to 1,946.61pts

South Korean stocks end higher, KOSPI surges 0.39% to 1,946.61pts

SEOUL: South Korean stocks closed higher on Wednesday, after data showing strong US monetary growth strengthened global risk appetites.
The Korea Composite Stock Price Index (KOSPI) closed up 0.39 per cent at 1,946.61 points.
The South Korean won closed flat on Wednesday after a wobbly trading session, with investors reluctant to take clear positions ahead of the Christmas holiday.
The local currency was quoted at 1,102.6 to the dollar at the conclusion of onshore trade, compared to 1,102.7 at the end of Tuesday’s session.
trade, compared to 1,102.7 at the end of Tuesday’s session.
South Korea’s financial markets will be closed on Thursday. They will reopen on Friday.