SEOUL, July 18 (Korea Bizwire) — South Koreans’ transactions of foreign stocks fell sharply in the first half of the year from six months earlier on bearish overseas equity markets, with their bond trading edging up, data showed Monday. Local investors’ transactions of overseas shares were valued at US$167.99 billion in the January-June period, down [...]
SEOUL, Dec. 7 (Korea Bizwire) — South Korea’s senior investors over 60 years of age are actively investing in foreign stocks as returns in the domestic stock market remain uninspiring. The number of foreign stock accounts held by domestic retail investors stood at around 3.9 million in late October, double the roughly 1.9 million recorded [...]
SEOUL, Nov. 17 (Korea Bizwire) — South Korean stock investors will be allowed to trade foreign stocks in decimal points via the securities firms of their choice, starting from the end of this year at the earliest. The Korea Securities Depository (KSD) announced that it had completed the setup of a special infrastructure to enable [...]
SEOUL, Sept. 16 (Korea Bizwire) — The volume of transactions processed through the decimal point trading service for foreign stocks has been on an upward trend since it was introduced three years ago. According to data that Rep. Youn Kwan-suk of the ruling Democratic Party received from the Financial Services Commission, the number of users [...]
SEOUL, Dec. 23 (Korea Bizwire) — South Korean investors have picked Tesla and Apple as the most popular foreign stocks to pass on to their children. Major South Korean brokerage house Samsung Securities Co. held an online conference on Saturday through its official YouTube channel and carried out a survey with a group of local [...]
SEOUL, Feb. 4 (Korea Bizwire) — The craze over purchasing foreign stocks continues among South Korean investors. A rush to buy shares in U.S. tech giants such as Apple Inc. and Tesla Motors Inc. led the craze over purchasing foreign stocks. The Korea Securities Depository reported the value of foreign stock transactions (both buy and [...]
SEOUL, Feb. 7 (Korea Bizwire) — An increasing number of South Koreans are engaging in direct trading of foreign stocks, bolstered by the strengthening world stock market as well as deeper interest among the public. Brokerage firms, in response, are developing new strategies for foreign stocks to meet customer demand. Between December 2018 and January [...]