“South Korean executives are buying shares in their companies at the fastest pace in two years, fueling a rally that already sent the benchmark index to a record high.
Insiders of KRX 100 Index (KRX100) companies made at least 255 stock purchases this year, topping sales by 34 percent, according to data compiled by Bloomberg. The value of purchases jumped to $51 million, the highest level since the first quarter of 2009, when South Korean stocks began a rally that sent the KRX index up 40 percent in six months.”
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