The final Kospi is displayed on a screen in a dealing room of KB Kookmin bank , located in the financial district of Yeouido , western Seoul , Tuesday . [ YONHAP ] Stocks closed higher Tuesday , extending a winning streak to an eighth consecutive session on hopes for economic recovery and ahead of the Fed meeting this week . The won sharply rose against the dollar . The Kospi rose 4 . 63 points , or 0 . 21 percent , to close at 2 , 188 . 92 . Trading volume was high at about 805 . 3 million shares worth some 14 . 5 trillion won ( $ 12 . 1 billion ) , with losers outnumbering gainers 473 to 366 . The benchmark index extended gains every session since May 29 , tracking Wall Street backed by hopes of a quick economic rebound from the coronavirus pandemic . Market expectations ran high over the upcoming U . S . Federal Open Market Committee ( FOMC ) meeting , set for June 9 to 10 , local time . The FOMC has indicated that it will announce a set of additional stimulus measures to buoy the coronavirus - hit economy . Institutions sold a net 396 billion won , and foreigners offloaded a net 21 . 2 billion won . Individuals purchased a net 411 billion won . In Seoul , large caps finished mixed . Samsung affiliates ended in positive terrain after a Seoul court rejected an arrest warrant for the heir of Samsung Group , which accounts for more than 20 percent of the main index ' s total market cap . Samsung Electronics gained 1 . 09 percent to 55 , 500 won , Samsung Biologics added 1 . 81 percent to 676 , 000 won and Samsung SDI inched up 2 . 13 percent reaching 8 , 000 won . Other large cap shares were in negative territory . LG Chem slid 0 . 35 percent to 432 , 500 won , Hyundai Motor lost 0 . 88 percent to 112 , 000 won and chipmaker SK hynix shed 1 . 32 percent to 89 , 800 won . Shares of IT companies were also in bear territory . Naver failed to extend its winning streak and inched down 1 . 25 percent reaching 237 , 500 . Kakao , the operator of the messenger app Kakao Talk , dipped 0 . 78 percent to close at 254 , 500 won . The secondary Kosdaq inched up 0 . 10 basis points closing at 753 . 82 . The local currency closed at 1 , 197 . 70 won per dollar , up 7 . 10 won from the previous session ' s close . Bond prices , which move inversely to yields , closed lower . The yield on three - year bonds shed 4 . 3 basis points to 0 . 861 percent , and the return on the benchmark ten - year government bond inched down 1 . 9 basis points to reach 0 . 88 percent . BY KANG JAE - EUN , YONHAP [ kang . jaeeun @ joongang . co . kr ]