Shares gained more than 1 percent Friday, led by the strong performance of big-cap tech shares that tracked overnight gains on Wall Street. The local currency sharply rose in value against the dollar.
Shares ended lower Thursday as investors were concerned the U.S. economy may be losing steam. The local currency sharply fell in value against the dollar.
Foreign investors of Korean stocks were net buyers last month after three months of net sellers, having purchased a net 3.3 trillion won ($2.5 billion) worth of stocks in November.
The Kospi retreated 8.91 points, or 0.36 percent, to 2,486.47 in the first 15 minutes of trading.
Shares closed nearly flat Wednesday as major stocks ended in mixed territory. The local currency lost ground against the dollar.
The Kospi gained 5.65 points, or 0.23 percent, to 2,499.93 in the first 15 minutes of trading.
Kospi shares closed lower as investors reduced expectations that the U.S. Federal Reserve will cut rates next year. Tech and battery stocks weighed on the index, while shipbuilders and auto shares saw mixed movement.
The Kospi retreated 17.21 points, or 0.68 percent, to 2,497.74 in the first 15 minutes of trading.
Shares ended higher Monday amid speculation that the U.S. Federal Reserve may start cutting its rates next year as inflation woes ease. The local currency rose in value against the dollar.
Shares opened higher Monday amid increasing hopes the U.S. Federal Reserve is set to end its rate-hike cycle.
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