Seoul shares end lower on profit taking

SEOUL: Seoul shares closed lower Thursday as investors attempted to cash in recent gains, reported the Yonhap News Agency. The benchmark Korea Composite Stock Price Index fell 6.62 points, or 0.25 percent, to close at 2,613.80. Trade volume was mode…


SEOUL: Seoul shares closed lower Thursday as investors attempted to cash in recent gains, reported the Yonhap News Agency.

The benchmark Korea Composite Stock Price Index fell 6.62 points, or 0.25 percent, to close at 2,613.80.

Trade volume was moderate at 607.8 million shares worth 10.25 trillion won (US$7.68 billion), with decliners outnumbering gainers 539 to 330.

Foreigners and institutions sold stocks worth 14.8 billion won and 49.3 billion won, respectively, while individuals purchased a combined 29.7 billion won.

Source: Emirates News Agency

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