Seoul - Shares jumped 2.8 per cent Wednesday on the Seoul stock exchange on falling oil prices.

The benchmark Kospi index rose 43.17 points to close at 1,578.71. Advancing issues outpaced decliners 621 to 187.

The main index of the technology-heavy Kosdaq market rose 6.65 points to 525.75.

On currency markets, the US dollar was quoted at 1,015.90 won after trading at 1,017.90 won Tuesday. (dpa)