(For the midday report, please click )
SEOUL Aug 26 South Korean shares closed higher
on Tuesday, underpinned by stronger investor risk appetitive as
bargain hunters locked in on laggard cyclical stocks such as
builders and shipyards.
The Korea Composite Stock Price Index (KOSPI)
finished up 0.35 percent at 2,068.05 points.
Shipbuilders outperformed the broader index with Daewoo
Shipbuilding & Marine Engineering soaring 4.7
percent while Samsung Heavy Industries gained 3.3
ECB chief Mario Draghi's speech hinting at aggressive
stimulus measures further stoked investor appetite for riskier
The South Korean won firmed against the high-flying
dollar on exporter demand for month-end settlements.
The local currency was quoted at 1,016.8 to the
dollar to conclude domestic trade on Tuesday, compared with
1,020.2 at the previous session close.
(Reporting by Joonhee Yu; Editing by Jacqueline Wong)