▲ This photo taken July 6, 2026, shows the dealing room of Hana Bank in Seoul during morning trading hours. (Yonhap)

stocks-summary

Seoul stocks end lower on foreign selling ahead of Q2 earnings

SEOUL, July 6 (Yonhap) -- Seoul shares ended lower Monday as foreigners continued to offload local stocks ahead of major companies' second-quarter earnings releases. The Korean won fell against the U.S. dollar.

After opening 1.06 percent higher, the benchmark Korea Composite Stock Price Index (KOSPI) reversed course, falling 37.01 points, or 0.46 percent, to close at 8,051.33.

Trade volume was moderate at 442.43 million shares worth 31.59 trillion won (US$20.6 billion), with gainers outnumbering losers 461 to 412.

Investors are assessing whether the artificial intelligence (AI)-driven rally can be sustained and are looking to corporate earnings for signs that massive spending on AI infrastructure is translating into profits, analysts said.

Institutions and foreigners sold a combined 2.7 trillion won worth of stocks, while individuals purchased a net 2.6 trillion won.

The Korean won was trading at 1,530.30 won per U.S. dollar as of 3:30 p.m., down 4.7 won from the previous session.

On Monday, the Korean won began trading on a 24-hour basis, a move aimed at improving foreign investors' access to local markets and bolstering the case for an upgrade in MSCI's developed-market index.



(END)

[ⓒ K-VIBE. 무단전재-재배포 금지]