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FE Home- World News - Story

Seoul shares close lower on geopolitical risks

Reuters
Posted: Wednesday, May 27, 2009 at 1315 hrs IST
Updated: Wednesday, May 27, 2009 at 1315 hrs IST

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Emerging mkt asset bubble may not burst soon World stocks up 75 pct from March Asia stocks at 14-month high Dow passes 10,000 mark on earnings optimism

Seoul: Foreign investors bought a net 321.5 billion won worth of shares, while institutions sold a net 282.6 billion won worth.

Retail investors offloaded a net 19.6 billion won.

Decliners led advancers 592 to 227, with 64 unchanged.

Trading volume stood at 768 million shares worth 8 trillion won ($6.35 billion) compared with 648 million shares worth 7.8 trillion won on Tuesday.

The KOSPI 200 June futures index ended 0.55 points lower at 173.85, and the KOSPI 200 spot index fell 1.02 points to 173.75.

The junior Kosdaq market declined 2.28 per cent to end at 524.33 points.

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