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SEOUL May 2 South Korean shares ended at a
six-year closing high on Tuesday, bolstered by the country's
exports, which grew at their fastest rate since 2011, increasing
demand for local stocks.
The Korea Composite Stock Price Index (KOSPI) closed
up 0.7 percent at 2,219.67 points, the highest since May 2,
Foreign investors purchased a net 131.9 billion won ($116.73
million) worth of KOSPI shares during the session.
South Korean markets were closed on Monday for a public
holiday, with investors reacting to the strong trade data on
The South Korean won also climbed on large volumes of
stock purchases and exporters' dollar-selling that was postponed
The won was quoted at 1,130.5 to the dollar at
the conclusion of onshore trade, up 0.7 percent compared to
Friday's close of 1,137.9.
South Korean markets will also be closed on Wednesday and
Friday due to national holiday.
(Reporting by Dahee Kim; Editing by Sam Holmes)