After a sharp prior-day drop, the KOSPI held the 6,800 level as foreign and
institutional buying offset weakened retail demand. Retail investors were net
sellers of KRW 4.15 tln. Foreigners net-bought KRW 961.6 bln and institutions
net-bought KRW 3.21 tln; within institutions, ETF-driven "financial investment"
flows bought KRW 1.89 tln, pension funds KRW 86.8 bln and insurers KRW 150.8
bln.