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Foreign Investors Cash in Samsung Shares

Foreign Investors Cash in Samsung Shares
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Retail investors lose ground to South Korea's returning short sellers


SEOUL: Global funds have piled back into short selling South Korean stocks in the two weeks since authorities lifted a ban on the divisive investment strategy.
While the benchmark Kospi Index has held up amid a decline in regional peers during this period, pain has been felt in Korean stocks favoured by the nation’s legions of retail traders. Short selling has been most evident in healthcare and technology stocks popular with mom-and-pop investors, as well as shares of companies that missed inclusion in MSCI Inc’s indexes. With overseas funds betting against 6.1 trillion won (US$5.4bil or RM22bil) worth of Korean stocks over the period, there has been a net outflow of money abroad from the country’s share market. ....

Soult Ukpyolsi , South Korea , South Korean , Jo Yelin , Paul Choi , Gamestop Corp , Hyundai Motor Co , Samsung Electronics Co , Celltrion Inc , Naver Corp , Kospi Index , Hyundai Motor , தெற்கு கொரியா , தெற்கு கொரியன் , பால் சோய் , கேம்ஸ்டாப் கார்ப் , ஹூண்டாய் மோட்டார் இணை , சாம்சங் மின்னணுவியல் இணை , ஹூண்டாய் மோட்டார் ,