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Seoul shares close at new record on sustained foreign investor interest


Published :
Fri, 06 Apr 2007 07:24
By : Agencies
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SEOUL (XFN-ASIA) - Share prices closed slightly higher at a new record on sustained foreign investor interest, with investors bracing for the corporate quarterly earnings season kicking off next week, dealers said.

Initial sentiment was lifted by Wall Street's extended gains but the market faced strong resistance at its previous record high set yesterday, moving up and down several times before finishing at a new record closing level, they added.

The KOSPI index closed up 2.11 points or 0.14 pct at 1,484.15, off a low of 1,477.69 and a high of 1,488.58. The benchmark index gained 31.60 points for this week.

(1 usd = 931.9 won)

eunkyung.seo@xinhuafinance.com




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