Finance 1d ago 2 min read
KOSPI -3.25%, Foreign Investors Dump ₩7.3T for 9th Straight Session; Hyundai Motor (005380.KS) -8.9%
Foreign investors sold a net ₩7.34 trillion from Korean equities on May 19, extending their streak to nine consecutive sessions of net selling and pushing total outflows past ₩48 trillion since May 7. The KOSPI fell 3.25% to 7,271.66 — intraday the index shed as much as 4.98% — dragged by semiconductor sector weakness after Micron ($MU) shed 5.95% and SanDisk ($SNDK) 5.3% in New York overnight. Hyundai Motor (005380.KS) led large-cap declines with an 8.9% drop.