Korean pension funds buy a net $1.2 bn Kospi stocks in November

Q: How long will it take to read this news story?

The story "Korean pension funds buy a net $1.2 bn Kospi stocks in November" has 406 words across 22 sentences, which will take approximately 2 - 4 minutes for the average person to read.

Q: Which news outlet covered this story?

The story "Korean pension funds buy a net $1.2 bn Kospi stocks in November" was covered 4 hours ago by Korea Economic Daily, a news publisher based in South Korea.

Q: How trustworthy is 'Korea Economic Daily' news outlet?

Korea Economic Daily is a fully independent (privately-owned) news outlet established in 1964 that covers mostly economy news. The outlet is headquartered in South Korea and publishes an average of 14 news stories per day. It's most recent story was published ago.

Q: What do people currently think of this news story?

The sentiment for this story is currently Neutral, indicating that people are not responding positively or negatively to this news.

Q: How do I report this news for inaccuracy?

You can report an inaccurate news publication to us via our contact page. Please also include the news #ID number and the URL to this story.<ul><li>News ID: #23900217</li><li>URL: https://beamstart.com/news/korean-pension-funds-buy-a-17326758574666</li></ul>

Korea Economic Daily Logo Korea Economic Daily 4h ago

Korean pension funds buy a net $1.2 bn Kospi stocks in November - Korea Economic Daily

Quick Summary:

South Korean pension funds continued their buying spree on the Kospi market for a fourth month in a row in November, marking their largest net purchases on the main bourse for a single month, according the Korea Exchange.

Pension funds were selective in chasing rechargeable battery stocks amid a slowdown in electric vehicle demand.LG Energy Solution Ltd., however, was high on the list of their net purchases on expectations the supplier to Tesla Inc.would be less vulnerable to the likely cuts in EV tax credits pledgd by Donald Trump during his presidential campaign.

The series of recently-announced, share price-boosting measures, including Samsung Electronics’ 10-trillion-won buyback, improved investor confidence.Samsung Electronics Co., the largest stock on the Kospi, has lost nearly 30% this year, breaking below the psychologically important barrier of 50,000 won on Nov.14 before rebounding above the level.