(Bloomberg) -- South Korea's Kospi index fell the
most in four months as investors judged excessive the rally that
this week drove the Kospi index above 2,000 for the first time.
Samsung Electronics Co. led the decline.
``Today's loss is because of profit-taking,'' said Kim Ki
Bong, who oversees $2 billion at CJ Asset Management Co. in
Seoul. ``Shares have become more volatile of late as people are
quicker to sell if the market turns down and buy more heavily
during the rallies.''
Read more at Bloomberg Stocks News
most in four months as investors judged excessive the rally that
this week drove the Kospi index above 2,000 for the first time.
Samsung Electronics Co. led the decline.
``Today's loss is because of profit-taking,'' said Kim Ki
Bong, who oversees $2 billion at CJ Asset Management Co. in
Seoul. ``Shares have become more volatile of late as people are
quicker to sell if the market turns down and buy more heavily
during the rallies.''
Read more at Bloomberg Stocks News
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