Seoul shares gain 0.27% on hopes of falling oil prices
Seoul shares
Seoul - Yonhap
South Korean stocks rebounded Friday, snapping a four-day losing streak, helped by hopes that a fall in crude oil prices may boost the local economy, analysts said. The Korean currency inched down against the U.S. dollar.
The benchmark Korea Composite Stock Price Index (KOSPI) rose 5.12 points, or 0.27 percent to close at 1,921.71. Trading volume was moderate at 353.1 million shares worth 3.66 trillion won (US$3.31 billion) with advancers outpacing decliners 449 to 357.
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