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SEOUL Jan 12 The South Korean won
finished at a one-month high on Thursday as the dollar sagged
after incoming U.S. prisident Donald Trump's news conference
ended with little clarity on his economic policies, weighing on
The won was quoted at 1,184.7 to the dollar at
the conclusion of onshore trade, up 1.0 percent compared to
Wednesday's close of 1,196.4. It was the highest close since
December 15, 2016.
South Korean shares extended their rally with the help of
Samsung Electronics, which rose more than 1 percent
to mark another record high.
The Korea Composite Stock Price Index (KOSPI) closed
up 0.6 percent at 2,087.14 points.
Offshore investors have been buyers of KOSPI shares for 12
days, purchasing a net 32.4 billion won ($27.39 million) worth
(Reporting by Dahee Kim; Editing by Kim Coghill)