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| ▲ This photo taken on Jan. 6, 2026, shows the dealing room of Hana Bank in Seoul. (Yonhap) |
stocks-morning
Seoul shares narrow losses late Tue. morning on retail buying
SEOUL, Jan. 6 (Yonhap) -- Seoul shares narrowed their losses late Tuesday morning as retail investors scooped up stocks to offset foreign selling after the benchmark index set a record high on technology gains a day earlier.
The benchmark Korea Composite Stock Price Index (KOSPI) fell 16.58 points, or 0.37 percent, to 4,440.94 as of 11:20 a.m.
On Monday, the KOSPI jumped 3.43 percent to close at a record high of 4,457.52, breaking the 4,400-point mark for the first time.
The main index bucked overnight gains on Wall Street. The Dow Jones Industrial Average rose 1.23 percent, while the tech-heavy Nasdaq composite climbed 0.69 percent.
Foreign investors turned net sellers after purchasing more than 2.8 trillion won (US$1.9 billion) worth of shares over the past two sessions.
Foreigners sold a net 870.22 billion won, while institutions and individuals bought 828.35 billion won and 2.25 billion won, respectively.
Technology stocks were lead decliners.
Market bellwether Samsung Electronics fell 2.32 percent, while chip giant SK hynix declined 2.16 percent.
Leading carrier Korean Air slipped 0.66 percent, and leading steelmaker POSCO Holdings shed 0.17 percent.
Among gainers, top carmaker Hyundai Motor rose 0.33 percent, and Korea Aerospace Industries, the country's sole aircraft manufacturer, climbed 10.53 percent.
The local currency was trading at 1,447.20 won against the greenback at 11:20 a.m., down 3.4 won from the previous session.
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