Korea Pension Funds Switch to Net Buying After 10 Weeks, Purchase 880M Won Worth of Stocks

According to Yonhapinfomax, Korea's pension funds including the National Pension Service switched to net buying in the domestic stock market for the first time in over two months, purchasing 880 million won worth of stocks from June 6-10. The shift was driven by the recent decline in the KOSPI index, which brought the National Pension Service's domestic equity allocation back within its strategic asset allocation target range, alleviating the pressure to mechanically rebalance.
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