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Seoul stocks close at 2-week high, won up; some N.Korea worries linger
September 12, 2017 / 6:49 AM / 15 days ago

Seoul stocks close at 2-week high, won up; some N.Korea worries linger

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SEOUL, Sept 12 (Reuters) - South Korean shares finished at two-week highs on Tuesday, buoyed by a strong Wall Street.

Further gains were capped as foreign investors unloaded local equities on lingering worries over some form retaliation by North Korea after the United Nations Security Council stepped up sanctions against Pyongyang.

The Korea Composite Stock Price Index (KOSPI) closed up 0.3 percent at 2,365.47 points, highest closing level since Aug. 30.

Offshore investors sold a net 183.4 billion won ($162.58 million) worth of KOSPI shares for the day.

The South Korean won edged up and ended at 1,128.5 to the dollar at the conclusion of onshore trade, up 0.3 percent versus Monday’s close of 1,131.9. (Reporting by Dahee Kim)

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