S Korean shares hit 15-month high at close

• Source: Xinhua
• [15:52 September 22 2009]
• Comments

South Korean shares on Tuesday stood at a 15-month high, breaking through the 1,700 mark, on the back of massive foreign buying.

The nation's benchmark KOSPI soared 23.38 points, or 1.38 percent, to end at 1,718.88, the highest since June 26 last year when the figure came in at 1,717.66.

The volume was moderate at 443.15 million shares worth 6.85 trillion won (5.69 billion U.S. dollars).

Foreign investors bought a net 478.3 billion-won, or 397.3-million U.S. dollar, worth of the Seoul shares during Tuesday's session.

The local currency finished at 1,203.8 won against the U.S. dollar, up 0.6 won from Monday's close.