Image: Seoul Economic DailyKOSPI Rebounds Past 6,700 Despite 1.6 Trillion Won Foreign Selling - Seoul Economic Daily
• The KOSPI index rose 1.37% to close at 6,717.97 on September 16, ending a four-day decline. • Institutional investors bought a net 1.2 trillion won in shares, offsetting 1.6 trillion won in selling by foreign investors. • The rebound was driven by large-cap semiconductor and power equipment stocks as investors believed U.S. interest rate concerns were already reflected in prices.
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