[THE INVESTOR] Korean stocks ended lower on July 19 as investors took to the sidelines amid persistent concerns over global trade protectionism, analysts said. The Korean won fell against the US dollar.
The benchmark KOSPI shed 7.82 points, or 0.34 percent, to close at 2,282.29, extending its losing streak to a fourth straight session. Trade volume was moderate at 458 million shares worth 5.36 trillion won (US$4.73 billion), with losers outnumbering gainers 643 to 182.
Offshore investors scaled down their buying to pick up a net 53.2 billion won worth of local shares, while individuals and institutions sold off a net 34 billion won and 17.9 billion won, respectively.
The Korean currency closed at 1,133.20 won against the US dollar, down 0.90 won from the previous session.
By Song Seung-hyun and newswires (
ssh@heraldcorp.com)