April 16, 2024
Market Now
Seoul stocks close lower on foreign selling
[THE INVESTOR] Korean stocks ended lower on Nov. 14 as foreign investors dumped large-cap shares amid a plunge in oil prices, analysts said. The Korean won fell against the US dollar.
The benchmark KOSPI fell 3.18 points, or 0.15 percent, to close at 2,068.05. Trade volume was moderate at 332 million shares worth 5.4 trillion won (US$4.70 billion), with the number of losers and gainers tied at 414.
Foreigners offloaded a net 132.2 billion won worth of local stocks, while institutions and individuals were net buyers by snatching up 18.8 billion won and 70.1 billion won worth of shares, respectively.
The local currency closed at 1,134.30 won against the greenback, down 1 won from the previous session’s close.
By Song Seung-hyun and newswires (ssh@heraldcorp.com)
