Foreign Investors Withdraw Dollar 15 Billion From South Korean Stocks as Semiconductor Shares Face Profit Taking - Business News Week

Foreign Investors Withdraw Dollar 15 Billion From South Korean Stocks as Semiconductor Shares Face Profit Taking - Business News Week

Seoul, Oct 5: Foreign investors have pulled more than 20 trillion won (around $15.1 billion) from South Korea’s KOSPI market over the past month, as profit-taking in major semiconductor stocks and growing global uncertainties prompted overseas investors to reduce their equity exposure. According to data from the Korea Exchange and Yonhap Infomax, foreign investors recorded […] The post Foreign Investors Withdraw Dollar 15 Billion From South Kore…

Foreign Investors Withdraw Dollar 15 Billion From South Korean Stocks as Semiconductor Shares Face Profit Taking

Seoul, Oct 5: Foreign investors have pulled more than 20 trillion won (around $15.1 billion) from South Korea’s KOSPI market over the past month, as profit-taking in major semiconductor stocks and growing global uncertainties prompted [...]

Foreign Investors Sell More Than 20 Trillion Won in KOSPI Shares

Dealers work at the Hana Bank dealing room in Jung-gu, Seoul, on Oct. 2. Foreign investors have offloaded more than 20 trillion won worth of shares on the KOSPI over the past month, sharply cutting their exposure to the domestic equity market. According to the Korea Exchange and Yonhap Infomax, foreign investors recorded total net sales of 20.31 trillion won, or approximately $15.10 billion, on the KOSPI from Sept. 1 to Oct. 2. The selling press…