South Korean stocks surged 1.53 percent on Wednesday as foreigners increased holdings on expectations that the Greek parliament would pass a reform deal, analysts said. The local currency climbed against the U.S. dollar. The benchmark Korea Composite Stock Price Index (KOSPI) spiked 31.51 points to 2,094.42, snapping a two-day losing streak. Trading volume was moderate at 253 million shares worth 5.85 trillion won (US$5.4 billion) with gainers outnumbering losers 496 to 313.