February 9, 2010

Seoul shares end up 1.14 pct on retail buying

By Lee Youkyung SEOUL, Feb. 9 (Yonhap) -- South Korean stocks closed 1.14 percent higher on Tuesday as retail and institutional investors increased holdings of bank and financial shares, analysts said. The local currency rose against the U.S. dollar. The benchmark Korea Composite Stock Price Index (KOSPI) advanced 17.7 points to 1,570.49, snapping a two-session losing streak. Volume was moderate at 418 million shares worth 4.1 trillion won (US$3.52 billion) with gainers ...

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