Foreigners Remain Net Sellers of Korean Stocks in October
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6 Articles
Foreigners remain net sellers of Korean stocks in October
Foreign investors remained net sellers in the South Korean stock market for the second consecutive month in October on concerns over artificial intelligence-related investment, central bank data showed Thursday. Offshore investors offloaded a net $19.31 billion worth of local stocks last month, expanding from a net selling of $14.16 billion in September, according to the data from the Bank of Korea (BOK). Foreign investors had been net sellers o…
(Seoul = Yonhap News) Reporter Han Ji-hoon = Foreign investors showed a buying advantage in the Korean bond market last month for the first time in four months.
Foreign investors continued a net selling trend in the domestic stock and bond markets last month, marking the ninth consecutive month. According to the "International Financial and Foreign Exchange Market Trends" statistics released by the Bank of Korea on the 12th, there was a net outflow of $13.7 billion in foreign securities (stocks and bonds) investment funds during October. Foreign investors withdrew from the domestic securities market
Last October, foreign investors net bought Korean bonds for the first time in three months, but the scale of net selling in stocks expanded due to dampened investor sentiment regarding AI. The inflow of funds into bonds was driven by capital tracking global government bond indices and arbitrage incentives, while total securities funds, combining stocks and bonds, recorded a net sell of $13.7 billion.
Foreigners remain net sellers of Korean stocks in Oct.
SEOUL, Nov. 12 (Yonhap) -- Foreign investors remained net sellers in the South Korean stock market for the second consecutive month in October on concerns over artificial intelligence-related investment, central bank data showed Thursday.Offshore inv
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