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Markets

South Korea won poised to snap 6-day rally; bonds edge up

Published Updated

won---SEOUL: The South Korean won was down in early domestic trade Friday, weighed by profit-taking after six consecutive days of gains as weak leads from US markets overnight curbed risk appetite.

 

The local currency was quoted at 1,105.8 against the dollar as of 0030 GMT, compared with 1,104.3 at the end of onshore trade Thursday.

 

The benchmark Korea Composite Stock Price Index was down 0.74 points at 1,958.38.

 

December futures on three-year treasury bonds were up 0.03 points at 106.07.

 

Copyright Reuters, 2012

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