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Top News In Korean Stocks Today - Breaking & Trending Today

Chip Stocks Oust EVs as Top Bets for Korea Fund With 50% Return

(Bloomberg) A South Korean fund whose bets on stocks tied to electric vehicles helped it outperform most of its peers with a 50% return so far this year has turned bearish on the sector and is buying semiconductor-related shares instead.Most Read from BloombergMassive US Oil Caverns Sit Empty and Will Take Years to RefillSingapore House Speaker Resigns in New Blow to Ruling PartyDollar’s Busted Bull Run Has Bears Calling End of an EraRussia Pulls the Plug on Ukraine Grain Export DealRussia De ....

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Foreigners sell S. Korean stocks in 6 months in March

SEOUL, April 11 (Xinhua) Foreign investors became net sellers of South Korean stocks in six months last month on rising uncertainty over the global financial ....

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Seoul's stocks down, currency dips to over 13-yr low following Fed's rate hike

Korean stocks closed down on Thursday, as investors were spooked by growing worries over a global economic recession following the U.S. Federal Reserve s sharp rate hike decision. The Korean won fell to a 13-year low against the U.S. dollar. The benchmark Korea Composite Stock Price Index (KOSPI) lost 14.9 points, or 0.63 percent, and closed at 2,332.31. Trading volume was light at 436.1 million shares worth 7.3 trillion won, with decliners outnumbering gainers 579 to 299.After starting low at the opening bell, the main bourse tumbled near the 2,300 mark but the losses were trimmed on bargain hunting. Thursday s losses came after the Fed s overnight decision to raise its benchmark federal funds rate by 75 basis points for a third straight time, with its Chair Jerome Powell confirming his resolution to fight inflation ....

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Foreign investors sell S.Korean stocks in February

SEOUL, March 14 (Xinhua) Foreign investors sold South Korean stocks for two straight months in February amid the global stock market correction, financial wa ....

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