Seoul shares at fresh 3-month high, foreigners keep buying
SEOUL, Sept 6
SEOUL, Sept 6 (Reuters) - Seoul shares edged higher to a fresh three-month closing high as foreigners extended their buying streak to 11 sessions, though gains were capped as investors awaited crucial U.S. jobs data due later on Friday.
The Korea Composite Stock Price Index (KOSPI) gained 3.66 points - or 0.2 percent - to 1,955.31 points, the highest close since June 5. The index, which rose 3 percent last week, gained 1.5 percent this week and reached three-month highs on three days.
Foreign investors were net buyers of 423.4 billion won ($385.48 million) of local shares on Friday and 1.5 trillion won for the week.
Hyundai Steel Co rose 4.1 percent on hopes for better earnings after a new furnace at its Dangjin steel mill opens in a week.
($1 = 1098.3750 Korean won) (Reporting by Jungmin Jang; Editing by Richard Borsuk)
- Google bus blocked in San Francisco gentrification protest
- Tearful Thai PM urges protesters to take part in election
- North Korea's 'reign of terror' worries South's leader
- Chinese hackers spied on Europeans before G20 meeting: researcher
- Leaders gather, thousands sing in rain in farewell to Mandela |