TREE NEWS reports: South Korea’s KOSPI reversed into positive territory after falling more than 3% earlier, lifted by gains in Samsung and buying from local funds. Japan’s Nikkei 225 narrowed its decline to 1% after dropping more than 2% earlier in the session.
Seoul’s KOSPI turns positive as Samsung gains, local funds buy; Nikkei pares losses
The rebound is notable less for its size than for who drove it: domestic funds stepping in while Samsung led the turn suggests local conviction is absorbing the selling pressure rather than foreign flows doing the work. That distinction matters for anyone reading this as a regional risk signal, since it implies the recovery is narrower and more domestically anchored than a broad sentiment shift. Whether local buying continues to offset the earlier drawdown, and whether the Nikkei's narrowed loss follows the same pattern, is the open question.
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