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FOREIGN SECURITIES FIRMS SWAY 15 PCT OF STOCKS TRADING IN S KOREA.

AsiaPulse News

| February 02, 2004 | COPYRIGHT 2004 Asia Pulse Pty Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

SEOUL, Feb 2 Asia Pulse - Foreign securities firms were responsible for 15 per cent of stock trading in South Korea in January, the Korea Stock Exchange (KSE) said Monday.

According to the KSE, the turnover of 13 foreign securities firms last month was 15.09 trillion won (US$12.87 billion), 15.24 per cent of the total turnover of 98.98 trillion won traded on the main bourse in that period.

The market share of foreign securities firms was 8.96 per cent in 2002 and 11.63 per cent last year.

"Foreign companies ...

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Source: HighBeam Research, FOREIGN SECURITIES FIRMS SWAY 15 PCT OF STOCKS TRADING IN S KOREA.

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