Seoul, Jan 7 || Seoul shares extended their rally to a fourth day to set a fresh record high on a tech and auto rally on Wednesday after briefly landing above the 4,600-point level. The Korean won fell against the US dollar.
The benchmark Korea Composite Stock Price Index (KOSPI) rose 25.58 points, or 0.57 percent, to close at an all-time high of 4,551.06, reports news agency.
The index briefly topped the 4,600-point mark, touch an intraday high of 4,611.72.
On Tuesday, the KOSPI broke through the 4,500-point threshold on tech gains to end 1.52 percent up at 4,525.48.
Trading volume was heavy at 548.38 million shares worth 28.83 trillion won (US$19.9 billion), with losers outnumbering gainers 683 to 199.
Foreign investors bought a net 1.25 trillion won worth of stocks, offsetting net selling by institutions and individuals of 938.95 billion won and 294.59 billion won, respectively.