April 27, 2024
Stocks & Bonds
Seoul shares flat in late morning trading
[THE INVESTOR] South Korean shares traded almost flat late morning on Jan. 18, with the price index rising 1.22 points or 0.06 percent to 2,073.09 as of 11:20 a.m.
The KOPSI started lower, but rebounded as foreigners and institutions shifted to net-buying, while individuals continued to offload stocks.
“Britain declared a ‘hard Brexit’ but it had no big impact to the global stock market,” Kim Yong-koo, an analyst at Hana Financial Investment & Securities, said. “Investors are taking a wait-and-see attitude on the outcome of the arrest warrant for Samsung Electronics Vice Chairman Lee Jae-yong and uncertainty about Trump’s policy.”
(theinvestor@heraldcorp.com)
The KOPSI started lower, but rebounded as foreigners and institutions shifted to net-buying, while individuals continued to offload stocks.
“Britain declared a ‘hard Brexit’ but it had no big impact to the global stock market,” Kim Yong-koo, an analyst at Hana Financial Investment & Securities, said. “Investors are taking a wait-and-see attitude on the outcome of the arrest warrant for Samsung Electronics Vice Chairman Lee Jae-yong and uncertainty about Trump’s policy.”
(theinvestor@heraldcorp.com)
