Korean stocks turn positive as domestic funds buy back Samsung shares

Korean stocks turned positive as domestic funds bought back Samsung shares. The Korea Composite Stock Price Index remained higher during the 10 a.m. hour Tokyo time.

Read in fullFrom the source, not the headline

sources corroborateOutlets reporting the same event

companies linkedAcross 0 themes, second pass

The story

Korean stocks turned positive, with reports that domestic funds bought back Samsung shares. Current market movements show the Korea Composite Stock Price Index trending higher.

By comparison, Japanese stocks remained sharply lower, with the Nikkei 225 down more than ¥660. Meanwhile, buying of Samsung shares has supported Korean stocks.

The article identifies MINKABU PRESS as the byline and follows developments in the Korean market as related stock news dated the same day.

Overall, domestic funds buying back Samsung shares is viewed as a factor supporting the Korean stock market.

At a glance

IndexThe Korea Composite Stock Price Index stood at 5,699.65, up 31.60 points, or 0.56%, from the previous day (as of 10:22)

As ofThe movement as of 10:22 Tokyo time has been reported

EventDomestic funds are reportedly buying back Samsung shares

ComparisonThe Nikkei 225 stood at 64,657.56, down 666.73 points, or 1.02%

Reference information. Every claim resolves to something the story actually named.

Where this came from

We read each source in full and checked they agree on the core claim.

1/ 1 agree

All of them report the same thing.

fx.minkabu.jpNews

AgreesOpen

Read the original articleGo to the source page

Reference information generated from public sources. It does not solicit or advise on investments. Prices are 15-minute delayed.