SEOUL, Feb. 10 (Korea Bizwire) — Younger South Koreans are increasingly turning to overseas markets, allocating far more of their portfolios to foreign exchange-traded products than to domestic shares, according to a new study that highlights a widening generational divide in investment behavior. A report released Tuesday by the Korea Capital Market Institute found that individual [...]
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, July 19 (Korea Bizwire) — South Koreans’ transactions of foreign stocks reached a new high in the first half of the year on an overseas investment boom, data showed Monday. Local investors’ trading of overseas shares was valued at US$207.74 billion in the January-June period, up 63 percent from six months earlier, according to [...]
SEOUL, April 14 (Korea Bizwire) — South Koreans’ overseas stock transactions touched a new high in the first quarter of the year on brisk investment in U.S. tech firms, data showed Wednesday. Local investors’ trading of overseas shares was valued at US$128.51 billion in the January-March period, up 96.5 percent from three months earlier, according [...]
SEOUL, May 1 (Korea Bizwire) — Overseas stock purchases by South Korean retail investors jumped to a record high level in April amid signs that the coronavirus outbreak is slowing down, data showed Friday. Korean retail investors bought US$2.01 billion worth of foreign stocks from April 1-27, marking the largest overseas stock buying on a [...]
SEOUL, Jun. 20 (Korea Bizwire) — A recent survey has revealed that the number of overseas stock investors in their 20s has been surging. Shinhan Investment Corp. said Wednesday that its survey of 30,000 customers investing in overseas stocks showed there were 17,340 investors in their 20s as of the end of May, accounting for [...]
SEOUL, Aug. 23 (Korea Bizwire) — The amount of foreign securities held by major South Korean institutions fell for the first time in more than three years in the second quarter due to a drop in holdings of foreign currency-denominated bonds, central bank data showed Thursday. As of the end of June, the value of [...]