April 26, 2024

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[THE INVESTOR] Korean shares closed lower on Nov. 21 after the US stock market finished bearish for the second session in a row, analysts said. The Korean won closed lower against the US dollar.

The benchmark KOSPI fell 6.03 points, or 0.29 percent, to end trading at 2,076.55. Trading volume stood at a low 262 million shares worth 4.95 trillion won (US$4.37 billion). Gainers outpaced losers 433 to 379.

Foreigners were net sellers for the seventh consecutive session by offloading 390 billion won. Retail investors bought a net 71.7 billion won, and institutions scooped up a net 326 billion won.

The Korean currency closed at 1,131.60 won against the US dollar, down 5.80 won from the previous session.

By Song Seung-hyun and newswires (ssh@heraldcorp.com)