South Korean stocks turned lower Thursday morning as foreigners and institutions offloaded their holdings. The won traded down against the dollar.
The benchmark Korea Composite Stock Price Index that started the day in positive territory surrendered 0.60 points, or 0.02 percent, to 2,429.34 as of 11:20 a.m.
Foreigners and institutions sold a combined 40 billion won ($36 million) worth of stocks more than they bought. Individuals acquired a net 25 billion won that kept the main index from falling further.
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(Yonhap) |
