Foreigners Sell 24 Trillion Won in 5 Sessions as Kospi Volatility Rises

Foreign investors have continued net selling in the Korean stock market for five consecutive trading days while the Kospi has been setting record highs. Net selling means sales exceeded purchases, and the original headline cited foreign selling of 24 trillion won over the latest five sessions. Although the index is reaching new highs, the sustained selling by overseas investors is adding to volatility in the market. Brokerage circles are watching whether the move reflects profit-taking or a possible high-point signal. Source: mk.co.kr