Seoul shares down in late morning on institutional selling
MarketsAug 8, 2017
South Korean stocks traded lower late Tuesday morning as institutions offloaded large-cap stocks in an apparent move to lock in profits, analysts said. The benchmark Korea Composite Stock Price Index lost 6.44 points, or 0.27 percent, to 2,392.31 as of 11:20 a.m. The Seoul index had opened higher on Wall Street gains. On Monday (local time), US stocks closed higher, with the Dow edging up 0.12 ...