(Photo: Yonhap)
Stocks in Seoul closed nearly flat Friday as investors went into wait-and-see mode over the latest development in the Evergrande Group debt crisis.
The key stock index pared part of its earlier losses, tracking an Asian stock rally, following reports the Chinese property developer paid back debt before the deadline.
The Korea Composite Stock Price Index (KOSPI) slipped 1.17 points, or 0.04 percent to end at 3,006.16.
The Korean currency closed at 1,177 won against the U.S. dollar, up 0.1 won from the previous session's close.
In other parts of Asia, losses were also recorded in Shanghai and Taipei, while Hong Kong Tokyo, Sydney and Singapore rose.
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