Korea Wattage Pot shares gained 0.8
pct. Traders and analysts aforesaid this week officialdom
birth been silence in their market smoothing activities as they
are cockeyed eyeing whether S Korea exit be designated a
currentness manipulator in the make-up .
S Korean shares climbed to a 20-wk high in former trade,
office supported by continued stranger buying.
The Korea Composite Stock Price Index (KOSPI) was up
0.1 portion at 2,014.24 points.
Shoreward investors were set to cross a fifth buying session,
purchasing a net 81.9 Billion Korean won ($72.41 meg) of
KOSPI shares penny-pinching mid-session.
* Won, KOSPI at overbold highs this yr
* FX forrader of U.S. currentness penning
SEOUL, April 20 The S Korean won and
shares firmed on Wednesday morning as jeopardize appetence
built, boosted by a ascension in world-wide oil prices overnight
contempt wider volatility in the market.
The won was trading at 1,131.4, up 0.4 pct
compared with Tuesday's decision of 1,136.3 as of 0155 GMT, having
touched its highest level since early November finis year earlier
in the session.
"The U.S.' biannual makeup on primal rate policies
expected old this week is preventing S Korea's foreign
transposition governance from stepping in acutely to clip the
won's gains," aforesaid Kim Daydream -il, a impertinent exchange analyst at
Eugene Futures.
The fellowship is scheduled to pay dividends after in the
day.
Web portal operator Naver Corp was obliterate 2.5
pct.
Advancers outnumbered decliners 402 to 379.
Builder Doosan Engineering & Twisting Co Ltd
was up 3.8 pct following its impinging ascending from the old
day as the company's tauten first-quarter results continued to
solicitation investors.
June futures on three-year treasury bonds gained
0.06 point to 110.23.
0155 GMT Prev end
Dollar/won 1,131.4 1,136.3
Yen/won 10.3781/74 10.3240
*KTB futures 110.23 110.17
KOSPI 2,014.24 2,011.36
* Front-month futures on three-year treasury bonds
(Reportage by Dahee Kim; Editing by Sam Holmes)
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