South Korean stocks hit intraday record

| Updated: November 18, 2017 11:11:35

File Photo (Reuters) File Photo (Reuters)

South Korean stocks reached intraday record high on Friday, up around 25.1 per cent so far this year, while the Korean won edged lower.

At 01:04 GMT, the KOSPI was up 21.16 points or 0.83 per cent at 2,555.95. The index reached intraday record high, lifted by strong gains on the Wall Street overnight.

The won was quoted at 1,096.3 per US dollar, down 0.01 per cent from the previous day, while in one-year non-deliverable forwards it was being transacted at 1,093.35 per dollar, reports Reuters.

The won was quoted at 1,096.5 per dollar on the onshore settlement platform, where it ended the previous session at 1,101.4.

The KOSPI is up around 25.1 per cent so far this year, and up by 6.84 per cent in the previous 30 days.

The current price-to-earnings ratio is 12.10, the dividend yield is 1.28 per cent and the market capitalisation is 1,242.04 trillion won.

The trading volume during the session on the KOSPI index was 111,958,000 shares. A total of 864 issues traded, 399 of which rose.

Foreigners were net buyers of 159,594 million won worth of shares.

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