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South Korean shares fall on profit taking; BOK in focus
SEOUL: Round-up of South Korean financial markets: South Korean shares fell more than 1% on Thursday on profit-taking pressure in the chip sector, while investors’ focus was on the Bank of Korea’s policy meeting for clues on the growth and policy outlook. The benchmark KOSPI was down 66.34 points, or 1.16%, at 5,669.32 as of 0126 GMT. On Wednesday, the index rose 3.3%, marking the biggest daily gain in six weeks on a rebound in chipmakers. “The market is seen in volatile trading on profit-taking pressure after the previous session’s sharp gains,” said Han Ji-young, an analyst at Kiwoom Securit...
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