(Bloomberg) -- South Korea's won, trading near a
one-week high, may advance as overseas investors increase
purchases of the country's equities.
The won has gained 1.2 percent this quarter, during which
overseas fund managers bought almost $3 billion more shares than
they sold, more than 10 times the net buying of the previous
three months, according to data from the Korea Exchange. The
benchmark Kospi index of stocks closed at a record yesterday.
Read more at Bloomberg Currencies News
one-week high, may advance as overseas investors increase
purchases of the country's equities.
The won has gained 1.2 percent this quarter, during which
overseas fund managers bought almost $3 billion more shares than
they sold, more than 10 times the net buying of the previous
three months, according to data from the Korea Exchange. The
benchmark Kospi index of stocks closed at a record yesterday.
Read more at Bloomberg Currencies News
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