Seoul - Yonhap
The amount of money invested in the country's stock funds dropped to the lowest mark this year, losing more than 1 trillion won (US$975.1 billion) as investors withdrew their holdings to lock in gains after the benchmark index hit their target line. Analysts say the pattern has created something of a "vicious cycle," in which the index is brought down every time it touches the line, keeping the local bourse boxed in a narrow range.