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The Economic Times
The Economic Times
Business
Anupam Nagar

Global Market: South Korea stocks erase gains as Kospi eyes steepest quarterly fall since 2020

Kospi South Korea United States

South Korean shares reversed early gains to trade lower on Wednesday as elevated bond yields weighed on investor sentiment, putting the benchmark KOSPI on track for its biggest quarterly decline in six-and-a-half years, according to a report by Reuters.

The Kospi was down 3.01 points, or 0.04%, at 6,867.80 as of 0253 GMT, after rising as much as 1.4% earlier in the session.

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