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AI Craze Drives Record Quarterly Foreign Flows to Korean Stocks

(Bloomberg) Investors’ frenzy over artificial intelligence drove the largest quarterly foreign inflow to South Korean shares, contributing to a global rally in AI-related stocks.Most Read from BloombergErdogan Suffers Defeat in Turkey’s Municipal ElectionsUS Oil Suppliers Muscling Into OPEC+ Markets All Over the WorldChina Factory Activity Expands for First Time in Six MonthsAT&T Says Data From 73 Million Accounts Leaked on Dark WebInvestors Spoiled for Choice With Top Ice Cream Makers for Sa

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Korea Stocks Drop, Paring Massive Gain Seen on Short-Selling Ban

(Bloomberg) South Korea’s benchmark stock index fell, as a jump on Monday triggered by the nation’s sudden ban on short-selling run its course. Most Read from BloombergTrump Testimony Called a ‘Broken Record’ by Judge: Trial UpdateIsrael Latest: Netanyahu Sees a Role in Gaza Security After WarWeWork Goes Bankrupt, Signs Pact With Creditors to Cut DebtWall Street Faces ‘Reality Check’ After Big Rally: Markets WrapTrump Shouts at Judge and Lawyers in Wild Day on Witness StandThe Kospi Index and

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Korea s Kospi Stock Gauge Dips, Paring Gain on Short-Selling Ban

Korea s Kospi Stock Gauge Dips, Paring Gain on Short-Selling Ban
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Seoul shares dip amid grim outlook for EV sector

South Korean stocks closed sharply lower Wednesday as battery shares plummeted amid forecasts that global demand for electric vehicles will slow down next year due to economic uncertainties. The local currency lost ground against the US dollar. The benchmark Korea Composite Stock Price Index shed 20.34 points, or 0.85 percent, to close at 2,363.17. Trading volume was a little slim at 435 million shares worth 7.7 tril.

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Seoul shares down for 3rd day amid geopolitical tension, high US bond yields

South Korean stocks closed sharply lower for the third consecutive day Monday as investors' risk-off sentiment escalated amid geopolitical uncertainties and high US bond yields. The local currency fell against the US dollar. The benchmark Korea Composite Stock Price Index lost 17.98 points, or 0.76 percent, to close at 2,357.02. Trading volume was slim at 387.7 million shares worth 6.9 trillion won ($5.1 billion.

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