S.Korean stocks rise for 6th session to hit all-time high; won down

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SEOUL, July 20 (Reuters) – South Korean shares climbed for
the sixth straight session on Thursday to hit another record
closing high as both foreign investors and domestic institutions
bought up local equities.

The Korea Composite Stock Price Index (KOSPI) closed
up 0.5 percent at the all-time closing high of 2,441.84 points.

Offshore investors purchased a net 64 billion won ($56.87
million) worth of KOSPI shares and local institutions a net 38.5
billion won worth.

Meanwhile, the South Korean won slipped as dollar
regained some strength and the Bank of Japan kept monetary
policy steady.

The won was quoted at 1,125.5 to the dollar at
the conclusion of onshore trade, down 0.4 percent compared to
Wednesday’s close of 1,120.3.
(Reporting by Dahee Kim; Editing by Eric Meijer)