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The Kospi was up about 0.2% on Monday as of 11:10 a.m. time.
Global investors sold a record $13 billion in Korean equities last week, focusing on profit-taking.
KEY POINTS
- Kospi’s rebound was partly driven by optimism over Samsung Electronics labor negotiations resuming Monday.
- A Korean court partially granted an injunction against potential illegal actions by Samsung's labor union.
- Intraday swings of 5% or more in the Korean market are increasingly common due to leveraged trading.
COMPANIES
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