[Korean Composite Index narrowed losses, local brokerage said pension funds entered the market to buy] On August 31, South Korea’s stock index benchmark KOSPI fell by 0.1% after briefly erasing the largest decline of 3.6%. Lin Roy, an equity sales trader at Samsung Securities, said that pension funds significantly bought Korea Composite Index constituent stocks in late trading, focusing on the technology sector. Lin Roy said that pension funds bought a net 120 billion won of stocks in 20 minutes. The share prices of Samsung Electronics and SK Hynix are basically flat. Both had previously fallen by more than 4% and have now recovered their losses. Retail investors bought a net 785 billion won of stocks in the Korea Composite Index, while foreign investors sold a net 931 billion won. The decline in the small-cap Kosdaq index narrowed to about 0.8% from 4% earlier.