AJP Asia Intelligence Agency

KOSDAQ pares gains as foreign selling offsets institutional buying

South Korea's KOSDAQ rose 0.45 percent to 699.66 on Friday after reaching an intraday high of 725.81, giving up most of its earlier gains.

Institutions bought 126.2 billion won ($94.6 million) worth of shares, while foreign investors sold 75.5 billion won and retail investors followed by selling 56.3 billion won worth of shares. Among the most actively traded stocks by volume, KBI Metal surged 26.58 percent to 4,620 won, Yellow Balloon climbed 15.09 percent to 3,585 won and Ecocap gained 12.50 percent to 1,251 won.


Tags: KOSDAQ, Stocks, KBI Metal, Ecocap, Yellow Balloon, Market, Trade, Tech