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July 19, 2019

Seoul shares rise on Brexit relief

PUBLISHED : March 14, 2019 - 15:59

UPDATED : March 14, 2019 - 15:59

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South Korean stocks rose on March 14 as investors digested a mixed bag of data from major economies and uncertainty over Brexit eased, analysts said. The local currency fell against the greenback.

The benchmark Kospi rose 7.27 points, or 0.34 percent, to close at 2,155.68.

Trading volume was moderate at 337.19 million shares worth 5.8 trillion won ($5.11 billion), with gainers beating losers 626 to 213. 

Foreigners and retail investors bought a net 306.76 billion and 142.39 billion worth of local stock, respectively, while institutions sold a net 455.17 billion won.

The local currency closed at 1,134.80 won against the US dollar, down 2.20 won from the previous session.

By Ram Garikipati and newswires (ram@heraldcorp.com)

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