Foreign buying resumes as hopes for Hormuz reopening lift Kospi

Foreign investors turned net buyers of Seoul stocks on Friday for the first time in more than two weeks, helping lift the Kospi as expectations grew that tensions linked to the Middle East conflict may ease. Overseas investors bought a net 810 billion won (537 million) worth of Kospi-listed shares, according to Korea Exchange data, snapping a 12-session selling streak during which they dumped a net 2.3 trillion won.