THE INVESTOR

메뉴열기
March 30, 2024

Seoul stocks end higher on ‘dovish’ US Federal Reserve

PUBLISHED : March 21, 2019 - 16:34

UPDATED : March 21, 2019 - 16:34

  • 본문폰트 작게
  • 본문폰트 크게
  • 페이스북
  • sms


South Korean stocks closed higher on March 21 to snap a two-day losing streak as foreign investors scooped up large-cap tech shares after a dovish statement by US Federal Reserve, analysts said. The Korean won gained ground against the US dollar.

The benchmark Kospi added 7.78 points, or 0.36 percent, to 2,184.88. Trade volume was moderate at 337 million shares worth 6.15 trillion won ($5.45 billion), with decliners far outnumbering gainers 623 to 236.

Foreigners bought a net 486.7 billion won worth of shares on the main exchange, while individual and institutional investors offloading 325.8 billion won and 152.2 billion won worth of shares more than they bought, respectively.

The Korean currency closed at 1,127.70 won against the US dollar, up 2.70 won from the previous session.

By Ram Garikipati and newswires (ram@heraldcorp.com


  • 페이스북
  • sms
최상단으로
COPYRIGHT HERALD CORPORATION. ALL RIGHTS RESERVED.