Foreigners offload Samsung Electronics amid earnings woes
Samsung Electronics
Seoul - Yonhap
Foreign investors have offloaded some 700 billion won (US$637 million) worth of Samsung Electronics stocks in the past four days, roughly half of their total net selling during the period, on renewed concerns over the tech behemoth's fourth-quarter earnings, data showed Tuesday.
According to the data compiled by the Korea Exchange, offshore investors extended their selling of local stocks to a fourth day Monday with their net selling reaching 1.39 trillion won over the cited period.
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