Shares of local refineries SK Innovation and S-Oil jumped as oil prices surged to an eight-month high, while major shipbuilders also gained.
Foreigners were net buyers for a 15th straight session, the longest buying streak since August 2016, purchasing net 134.5 billion won worth of Kospi shares."Given the losses from sectors that foreigners gobbled up, investors may book more profits toward the year end," said Daishin Securities' analyst Lee Kyoung-min.
The won was quoted at 1,108.9 per US dollar on the onshore settlement platform, 0.34 per cent higher than its previous close at 1,112.7. In offshore trading, the won was quoted at 1,108.3 per dollar, up 0.2 per cent from the previous day, while in non-deliverable forward trading its one-month contract was quoted at 1,107.5.The most liquid three-year Korean treasury bond yield rose 0.7 basis point to 0.972 per cent, while the benchmark 10-year yield rose 2.8 basis points to 1.628 per cent.For daily updates on weekdays and specially selected content for the weekend.