January 11, 2017 11:09 AM

printer

South Korea stocks touch over 3-month high on optimistic outlook; won eases

South Korean shares rose to their highest intraday level in three months early on Wednesday as foreign investors snapped up shares in expectations that fourth-quarter earnings would be stronger. <br/><br/>The Korea Composite Stock Price Index (KOSPI) moved up 0.9 percent at 2,064 points as of 0214 GMT, the highest since 7th of October, 2016.<br/> <br/>The South Korean won was quoted at 1,198 to the dollar, decreased 0.4 percent compared to Tuesday's close of 1,194 March futures on three-year treasury bonds lost 0.02 point to 109.59.

Most Read
View All arrow-right

No posts found.