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SEOUL, June 9 South Korean shares closed at
all-time highs on Friday, expanding their year-to-date gains to
over 17 percent on hopes for better earnings in the technology
and brokerage sectors.
The Korea Composite Stock Price Index (KOSPI) closed
up 0.8 percent at 2,381.69 points, its highest-ever level.
The index marked eight straight weeks of gains, the longest
such run since end-April, 2010.
Foreign investors turned net buyers, purchasing 146.7
billion won's ($130.63 million) worth of KOSPO shares for the
The South Korean won was quoted at 1,123.2 to the
dollar at the conclusion of onshore trade, steady compared to
Thursday's close of 1,122.1.
The currency ended the week slightly weaker.
(Reporting by Dahee Kim; Editing by Joseph Radford)