Seoul shares inched up to their highest closing level in three months on Monday, extending its winning streak to a fourth session as persistent foreign capital inflows offset profit taking by some investors. The Korea Composite Stock Price Index (KOSPI) ended up 0.2 percent at 1,985.61 points, its highest close since December 30. The main index ended the month up 0.3 percent and is down about 1.3 percent for the January-March quarter.
Foreign investors positioned as net buyers for a fourth straight day, picking up a net 318 billion won ($297.4 million)worth of KOSPI shares, preliminary data showed. If the amount holds firm, it will be the biggest amount since October 23.
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