SEOUL, Aug. 22 (Korea Bizwire) — Foreign investors have been on a selling spree of South Korean stocks so far this year, selling nearly 31 trillion won (US$26 billion) of local shares, data showed Sunday. Offshore investors sold a net 30.72 trillion won between Jan. 1 and Friday, compared with net selling of 24.7 trillion [...]
SEOUL, Aug. 12 (Korea Bizwire) — The trading volume of foreign investors in shares of listed companies which introduced an English-language disclosure system starting from the fourth quarter of last year has more than doubled, the bourse operator said Wednesday. The Korea Exchange (KRX) has been providing the English-language translation service for the disclosures of [...]
SEOUL, April 7 (Korea Bizwire) — Foreign investors have been on a buying spree of South Korean stocks so far this month, picking up a net 2.2 trillion won (US$1.97 billion) worth of local shares, reversing their selling trend earlier this year. Offshore investors have been net buyers of local shares for five straight sessions [...]
SEOUL, Feb. 11 (Korea Bizwire) — Foreign investors raked in bio and chemical shares while dumping chip and auto stocks during the past two weeks of adjustment, putting the key stock index in a tight band. The benchmark Korea Composite Stock Price Index (KOSPI) has been in a lengthy adjustment period since Jan. 26, after [...]
SEOUL, Nov. 8 (Korea Bizwire) — Joe Biden’s election as U.S. president is likely to keep the South Korean currency strong against the U.S. greenback for a while, which will work to trigger foreign capital inflow to the local stock markets, analysts said Sunday. The local currency closed at 1,120.4 won against the U.S. dollar [...]
SEOUL, Oct. 13 (Korea Bizwire) — A majority of investors who were discovered to have committed illegal short-selling turned out to be foreigners. However, the amount of fines levied on them was negligible. According to an analysis of the data that Rep. Kim Byung-wook from the ruling Democratic Party received from the Financial Services Commission, [...]
SEOUL, Sept. 11 (Korea Bizwire) — Foreign investors turned net sellers of South Korean stocks in August as they locked in profits following a bull run in the local stock market amid economic recovery hopes, the central bank said Friday. Foreigners sold a net US$890 million worth of local stocks last month, a turnaround from [...]
SEOUL, July 22 (Korea Bizwire) — Foreign investors have turned to net buyers of top-cap Samsung Electronics Co. this month following months of massive selling, data showed Wednesday. Offshore investors’ net purchase of Samsung shares stood at 1.07 trillion won (US$900 million) in the first 21 days of July, making the tech giant their most-bought [...]
SEOUL, April 6 (Korea Bizwire) — Major firms in South Korea are slated to pay out more than 5 trillion won (US$4.04 billion) in dividends to foreign investors in April, data showed Monday, raising concerns over a possible deficit in the country’s current account balance. South Korea’s top 20 firms in terms of dividend payouts [...]
SEOUL, March 16 (Korea Bizwire) — Foreign investors became net sellers of South Korean stocks last month, ending their two-month buying spree, data showed Monday. Foreigners sold a net 3.22 trillion won (US$2.6 billion) worth of local stocks in February, according to the data from the Financial Supervisory Service (FSS). American investors sold a net [...]