Seoul - Shares surged 2.2 per cent Thursday on the Seoul stock exchange on falling oil prices.

The benchmark Kospi index rose 34.38 points to close at 1,626.14. Advancing issues outpaced decliners 613 to 218.

The main index of the technology-heavy Kosdaq market rose 10.42 points to 546.65.

On currency markets, the US dollar was quoted at 1,007.10 won after trading at 1,013.80 won Wednesday. (dpa)