‘US Midterm Election D-Day’… One Month After the Election, Foreigners Bought in 5 Out of 6 Times

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The results of the U.S. midterm elections are expected to become clear as early as 8 p.m. on the 3rd (KST). Meanwhile, it has been observed that foreign investors net bought KOSPI shares during the 20 trading days following five of the six U.S. midterm elections held since 2000. Expectations are also emerging in the securities industry that the stock market will rebound starting from mid-to-late November as political and economic uncertainties r…