KOSPI's biggest October rout problem: No one left to buy the dip

Korea Times News · 54m ago

Korean stocks may be facing a more troubling sell-off than July's rout, as a shrinking pool of buyers struggles to absorb foreign selling pressure, analysts said Sunday. KOSPI fell for seven straight sessions through Thursday, losing 20.7 percent and falling to 5,554.22. The benchmark rebounded 2.05 percent Friday, but Korean stocks were hit particularly hard in Asia's broader sell-off. The slump…

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KOSPI's biggest October rout problem: No one left to buy the dip

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