Foreigners Turn Net Buyers... KOSPI Recovers 3200 Intraday
[Asia Economy Reporter Ji Yeon-jin] The KOSPI index recovered the 3200 level during trading on the 26th. This is the first time in four trading days after it soared to a historic high of 3220.70 on the 20th and then stalled for three consecutive days.
The KOSPI index recorded 3200.93 at around 9:42 a.m. on the day, then dropped to the 3199 level and is continuing to trade in the 3200 range.
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It appears that foreign investors, who were net sellers in the early session, turned to buying during the session, lifting the index. As of 9:47 a.m., foreign investors were net buyers of 19.2 billion KRW. Individual investors also net bought about 18.9 billion KRW, while institutions were net sellers of about 26.5 billion KRW.
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