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Seoul: Stocks at near 2-year high on US data, stimulus breakthrough

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[SEOUL] South Korean shares ended at a near two-year high on Tuesday, buoyed by strong US manufacturing data and as efforts to bring out a coronavirus relief bill resumed. The Korean won inched down, while the benchmark bond yield rose. Read more at The Business Times.

Foreigners were net sellers of 58.2 billion won worth of shares on the main board.

The won ended trading at 1,194.1 per US dollar on the onshore settlement platform, 0.06 per cent lower than its previous close at 1,193.4. In offshore trading, the won was quoted at 1,193.5 per US dollar, down 0.1 per cent from the previous session, while in non-deliverable forward trading its one-month contract was quoted at 1,193.5.The trading volume during the session in the Kospi index was 712.56 million shares. Of the total traded issues of 900, the number of advancing shares was 672.The most liquid three-year Korean treasury bond yield rose by 0.5 basis point to 0.

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