SEOUL, June 1 (Korea Bizwire) — Foreign investors have snapped a monthslong selling streak and turned to a buying mode for South Korean stocks, data showed Wednesday, amid eased worries over a global recession and China’s struggle with COVID-19 outbreaks. Foreigners scooped up a net 1.72 trillion won (US$1.38 billion) on the country’s main KOSPI [...]
SEOUL, May 26 (Korea Bizwire) — The number of big foreign investors in South Korean stocks has tumbled nearly 30 percent over the past six years, a corporate tracker said Thursday, in a sign the local bourse is increasingly losing its appeal amid a lack of transparent corporate governance. A total of 164 offshore investors [...]
SEOUL, May 22 (Korea Bizwire) — Foreign investors have sold nearly 15 trillion won (US$12 billion) worth of South Korean stocks this year through mid-May as they fled to safe haven assets amid growing stagflation worries, the country’s main bourse said Sunday. From Jan. 1 through Friday, foreign selling stood at 14.8 trillion won on [...]
SEOUL, March 14 (Korea Bizwire) — Foreign investors remained net sellers of South Korean stocks in February amid growing jitters over Russia’s invasion of Ukraine, data showed Monday. Foreigners offloaded a net 2.58 trillion won (US$2.09 billion) worth of local stocks last month, marking the second straight month of net selling, according to the data [...]
SEOUL, Feb. 14 (Korea Bizwire) — Foreign investors turned net sellers of South Korean stocks in January, but their net investment in local bonds continued to expand, data showed Monday. Foreigners sold a net 1.68 trillion won (US$1.4 billion) worth of local stocks last month, compared with their net purchase of 4.36 trillion won in [...]
SEOUL, Feb. 10 (Korea Bizwire) — Foreign investors continued to purchase more shares than they sold in South Korea’s stock markets for the third straight month in January, central bank data showed Thursday. Foreigners picked up a net US$1.81 billion worth of local stocks last month, according to the data provided by the Bank of [...]
SEOUL, Jan. 13 (Korea Bizwire) — Foreign investors’ net purchase of South Korean securities was the biggest in 12 years last year due largely to their buying spree of local bonds, central bank data showed Thursday. Foreigners bought a net US$38.71 billion worth of Korean securities last year, sharply up from $3.47 billion the previous [...]
SEOUL, Jan. 13 (Korea Bizwire) — Foreign investors have been buying shares of the firm founded by Ahn Cheol-soo, the presidential candidate of the minor opposition People’s Party and the largest shareholder. According to the Korea Exchange, foreigners recorded net purchases of more than 170,000 shares of AhnLab Inc., South Korea’s biggest anti-virus software company, [...]
SEOUL, Jan. 9 (Korea Bizwire) – South Korea’s bourse operator said Sunday that it will launch a domestic capital market information portal in English this week to provide more information to foreign investors. The service, dubbed Market Data System, will be provided through the website starting Monday, the Korea Exchange (KRX) said. The KRX said [...]
SEOUL, Nov. 3 (Korea Bizwire) — President Moon Jae-in on Wednesday offered incentives to attract foreign investors as South Korea kicked off its largest foreign investment forum meant to create new opportunities amid economic recovery during the pandemic. Invest Korea Week 2021, which runs through Friday, is expected to bring together 3,000 officials from major [...]