Seoul stocks end down as US-China talks end without results
[THE INVESTOR] Korean shares closed lower on Jan. 10 as investors engaged in profit taking, with the US and China wrapping up three days of trade talks without tangible results.
The benchmark KOSPI fell 1.43 points, or 0.07 percent, to 2,063.28. Trading volume was moderate at 375.68 million shares worth 5.27 trillion won (US$4.70 billion), with decliners outnumbering gainers 471 to 330.
Foreigners bought a net 273.51 billion won worth of stocks, with institutions and individuals offloading 267.11 billion won worth of shares.
The Korean won traded at 1,118.30 won against the greenback, up 3.80 won from the previous session’s close.
By Song Seung-hyun and newswires (firstname.lastname@example.org)