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DAX 40 — German Equities
CAC 40 — French Market Index
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Hang Seng — Hong Kong Index
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ASX 200 — Australian Market
TSX Composite — Canada Index
Nifty 50 — India Large Cap
STI Index — Singapore Market
KOSPI — South Korea Index
Bovespa — Brazil Equities
JSE Top 40 — South Africa Index
IPC Index — Mexico Market
MarketsStocks

South Korean Shares Retreat Amid Profit-Taking

The benchmark KOSPI fell 0.4% to around 4,440 on Tuesday, pulling back from record highs as investors locked in gains following the sharp rally in the previous session. The decline was led by foreign investors turning net sellers, after accumulating more than KRW 2.8 trillion worth of shares over the past two trading days. After the KOSPI broke above the 4,400-point level for the first time, market participants grew cautious about chasing prices higher, reducing their exposure at elevated levels. Profit-taking pressure was amplified by selling in index heavyweights, particularly in the technology sector, where recent gains had been most pronounced. Samsung Electronics slipped 2.0% and SK hynix dropped 1.7%. Losses were also seen in SK Square (-0.7%), Hanwha Aerospace (-0.3%), and Kia Corporation (-0.3%). At the same time, the won’s softness near 1,447 per dollar added a cautious undertone to overall sentiment.

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