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KOSPI Closes Wednesday 0.51% Higher

Written: 2018-08-01 15:48:45Updated: 2018-08-01 16:14:38

South Korean stocks ended up on Wednesday following reports which suggested U.S. and Chinese officials were looking to restart trade negotiations.

The benchmark Korea Composite Stock Price Index(KOSPI) ended point-51 percent higher after gaining eleven-point-81 points to close the day at two-thousand-307-point-07. 

The tech-heavy KOSDAQ also rose, gaining 14-point-73-points, or one-point-90 percent. It closed the day at 790-point-25. 

On the foreign exchange, the local currency weakened one-point-nine won against the dollar, ending the session at one-thousand-120-point-six won.

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