South Korean stocks Archives

Block Deal Stock Sales Rose Last Year: Bourse Operator

SEOUL, Jan. 22 (Korea Bizwire) — The amount of stock sales through block deals on South Korean bourses increased sharply in 2017 from a year earlier, the Korea Exchange (KRX) said Monday. The amount surged to 55.9 trillion won (US$52.3 billion) on the KOSPI main bourse last year, up 37 percent from the previous year. [...]

S. Korean Shares Inch Down Despite Outside Buying Spree

SEOUL, Nov. 17 (Korea Bizwire) — South Korean stocks closed slightly lower Friday as institutions and retail investors dumped local stocks offsetting a buying spree by foreign traders. The South Korean won extended its rally against the U.S. dollar. The benchmark Korea Composite Stock Price Index (KOSPI) slipped 0.8 point, or 0.03 percent, to close [...]