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Finance

KOSPI slides below 6,800 early as foreigners, institutions sell

South Korea\'s KOSPI fell more than 2 percent in early trading on Sept. 11, slipping to the 6,800 level. Selling by foreigners and institutions weighed on the market as caution grew ahead of the release of U.S. August consumer price index data. Investors also took profits in semiconductor stocks that had led recent gains. The Kosdaq also declined, while the won weakened against the dollar.

Finance

KOSPI gives up 7,000 level, Kosdaq also falls

South Korea’s KOSPI rose above the 7,100 level on Sept. 8 and climbed as high as 7,171.52, but surrendered the 7,000 mark late in the session amid profit-taking pressure after the previous day’s surge. The index ended down 40.87 points, or 0.58 percent, at 6,954.52. The Kosdaq also fell 1.25 percent to 811.88. The won strengthened to 1,344.50 per dollar.

Finance

KOSPI reclaims 7,000 level after 15 sessions, rises early

South Korea’s KOSPI rose above the 7,000 level in early trade on Tuesday, reclaiming the mark for the first time in 15 sessions since Aug. 18. At 9:04 a.m., the index was up 26.72 points, or 0.38 percent, at 7,022.11 after opening higher. Individuals were net buyers, while foreigners and institutions sold. The won strengthened against the dollar.