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Search results for Sangyeop Oh (오상엽)

Finance

KOSPI rebounds 1 percent, recovers 6,750 despite foreigners\' 2.885 trillion won net selling

South Korea\'s KOSPI rebounded despite heavy foreign selling, supported by buying from retail investors and institutions. The benchmark index rose 0.97 percent to 6,755.75 after giving up early gains and sliding as low as 6,557.39 before recovering in afternoon trade. Retail investors bought 1.98 trillion won net and institutions 862.3 billion won net, while foreigners sold 2.885 trillion won net. The Kosdaq climbed 2.22 percent.

Finance

Mirae Asset Securities\' Q2 retirement pension reserves rise by 9.58 trillion won

Mirae Asset Securities said its retirement pension reserves rose by 9.58 trillion won in the second quarter, the largest increase among retirement pension providers. Total retirement pension market reserves increased by 45.14 trillion won in the same period, with Mirae Asset accounting for 21.2 percent of the rise. First-half reserves increased by about 14 trillion won, up 36.5 percent from the start of the year. Total pension assets reached 80.81 trillion won as of end-June.

Finance

Samsung Asset Management FunETF expands information to 5,500 U.S.-listed ETFs

Samsung Asset Management\'s ETF and fund platform FunETF is expanding its global investment information service by adding lookup and comparison features for U.S.-listed ETFs. The company said on July 27 it introduced detailed information and product comparison services for ETFs listed on U.S. stock markets. After the update, users can view information on about 1,140 Korea-listed ETFs and about 5,500 U.S.-listed ETFs in the app.