- Title: South Korean stocks post best year since 2012
- Date: 29th December 2016
- Summary: SEOUL, SOUTH KOREA (DECEMBER 29, 2016) (REUTERS) ***WARNING CONTAINS FLASH PHOTOGRAPHY*** STAFFS OF KOREA EXCHANGE (KRX) THROWING CONFETTI AND CLAPPING IN FRONT OF ELECTRONIC BOARD/ LETTERS ON ELECTRONIC BOARD READING STORY(Korean): "ADIEU! 2016 STOCKS AND DERIVATIVES MARKET" VARIOUS OF KRX WORKERS THROWING CONFETTI AND CLAPPING ELECTRONIC BOARD SHOWING STOCK PRICE/ LETTERS ON ELECTRONIC BOARD READING (Korean): "ADIEU! 2016 STOCKS AND DERIVATIVES MARKET" VARIOUS OF MONITOR SCREENS SHOWING COMPOSITE STOCK PRICE INDEX (KSOSPI) AND KOREA SECURITIES DEALERS AUTOMATED QUOTATION (KOSDAQ) ELECTRONIC BOARD READING: "KOSPI" ELECTRONIC BOARD SHOWING STOCK PRICE OF SAMSUNG ELECTRONICS (UPPER) AND SK HYNIX (LOWER) ELECTRONIC BOARD SHOWING STOCK PRICES EXTERIOR OF KOREA EXCHANGE (KRX) LETTERS ON BUILDING READING (Korean and English): "KOREA EXCHANGE" SOUTH KOREAN NATIONAL FLAG (LEFT) AND FLAG OF KRX (RIGHT)
- Embargoed: 13th January 2017 08:42
- Keywords: South Korea stock market close KOSPI KOSDAQ Korea Exchange KRX
- Location: SEOUL, SOUTH KOREA
- City: SEOUL, SOUTH KOREA
- Country: South Korea
- Topics: Economic Events,Equities Markets
- Reuters ID: LVA0015EXRK91
- Aspect Ratio: 16:9
- Story Text:South Korean shares ended marginally firmer on Thursday (December 29) as foreign investors turned to net buyers, capping the best yearly performance in four years.
The Korea Composite Stock Price Index (KOSPI) closed up 0.1 percent at 2,026.46 points in the country's last trading day of the year.
The index gained 3.3 percent in 2016, its best performance since 2012.
Offshore investors bought a net 128.8 billion won ($106.72 million) worth of KOSPI shares.
The South Korean won nudged up for the day and was quoted at 1,207.7 to the dollar at the conclusion of onshore trade, up 0.2 percent compared to Wednesday's (December 28) close of 1,210.5.
Facing a strong dollar, the currency depreciated 2.9 percent in 2016, its third consecutive year of declines.
South Korean markets will be closed on Friday (December 30) for a national holiday and reopen at 0100 GMT, an hour later than usual, on January 2, 2017. - Copyright Holder: REUTERS
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