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Seoul shares end higher for 2nd day on chip gains
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The korea Herald News Rss
South Korean stocks ended higher for the second straight session on Tuesday as investors scooped up major chipmakers on bargain-hunting.
The Korean won gained ground against the US dollar.
Trade volume was moderate at 634.5 million shares worth 21.59 trillion won ($15.23 billion) trading hands, with gainers outnumbering losers 562 to 308.
Foreigners and institutions purchased a net 445.8 billion won and 319 billion won worth of stocks, respectively, while retail investors alone offloaded a net 724.4 billion won in shares.
The Korean won was quoted at 1,416 won against the US dollar at 3:30 p.m., up 2.4 won from the close of stock trading the day before.