South Korea's National Pension Fund Net Sells 205.8B Won in 8 Trading Days, Down to One-Fourth of June's Daily Average

According to Korea Exchange, South Korea's National Pension Service net sold 205.8 billion won in stocks from July 1-10, averaging 25.7 billion won per day. This represents just one-fourth of June's daily average net selling of 111.7 billion won. The reduced selling pressure reflects a shift in the fund's domestic stock allocation from 29.5% at end-June to an estimated 26.3% as of July 8, placing it within the fund's strategic asset allocation tolerance range.
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