South Korean stock market gave back gains in late morning trading, with foreign investors net selling $842 million

Gate News Report, March 20 — This morning’s late trading session saw the Korean stock market give back its early gains, with the KOSPI (Korea Composite Stock Price Index) reducing its morning rise. Large tech stocks turned lower under foreign selling pressure, with net foreign selling reaching 1.26 trillion KRW (approximately $8.42 billion). Retail investors net bought 746.4 billion KRW, while institutional investors net bought 524.8 billion KRW.

In individual stocks, leading stock Samsung Electronics fell 0.25%, SK Hynix declined 0.2%; battery manufacturer LG Energy Solution rose 0.94%, Doosan Heavy Industries gained 3.29%; biotech and financial stocks increased.

On the other hand, AI investment firm SK Square dropped 1.8%, defense giant Hanwha Aerospace fell 4.73%, major shipbuilder Hyundai Heavy Industries declined 0.71%, and Samsung Electro-Mechanics dropped 2.71%.

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