Seoul - Shares were up slightly Tuesday on the Seoul stock exchange after recent losses, on hopes that exporting companies could benefit from the steep decline of the local currency, as the won continued its freefall against the dollar, closing at its lowest level in more than six years.

The benchmark Kospi index rose 7.35 points, or 0.5 per cent, to close at 1,366.10. Advancing issues outpaced decliners 526 to 281.

The main index of the technology-heavy Kosdaq market slipped 4.44 points to 401.95.

On currency markets, the US dollar was quoted at 1,328.10 won after trading at 1,269 won Monday, plunging 59.10 won. The won has lost more than 29 per cent to the dollar so far this year. (dpa)