SEOUL, June 9 (Korea Bizwire) — Foreigners withdrew more money than they injected into South Korea’s stock markets for the fourth straight month in May amid worries over economic slowdowns in major countries and the fallout from the ongoing war in Ukraine, central bank data showed Thursday. Net foreign money outflows from the main bourse, [...]
SEOUL, April 13 (Korea Bizwire) — Foreigners sold a net of some US$4 billion worth of South Korean stocks in March amid worries over the protracted war in Ukraine and the U.S. Federal Reserve’s aggressive move to tighten its monetary policy, central bank data showed Wednesday. Foreigners’ net stock selling came to $3.93 billion last [...]
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. 19 (Korea Bizwire) — South Korea’s state pension fund lowered its exposure to large cap and other domestic shares in 2021 in an apparent bid to boost returns and diversify its portfolio, a corporate tracker said Wednesday. The National Pension Service (NPS) held stakes of 5 percent or more in 265 companies listed [...]
SEOUL, July 20 (Korea Bizwire) — With the stock investment fever engulfing individual investors in South Korea, a string of large retailers have released stock-related products that are enjoying growing popularity. Convenience store chain CU is in talks with various securities firms to collaborate on a series of products. In February, the company joined hands [...]
SEOUL, April 1 (Korea Bizwire) — Stocks held by South Korean retail investors jumped nearly 60 percent in 2020 from a year earlier amid their investment craze, data showed Thursday. Local individuals owned 662 trillion won (US$586 billion) worth of listed shares as of the end of 2020, up 58 percent from a year earlier, [...]
SEOUL, March 29 (Korea Bizwire) — With a growing number of private investors, demand for books related to investment is also on the rise. Major online shopping mall Gmarket reported a 71 percent jump in sales of books related to stock investment between March 1 and 25, compared to the same period last year. A [...]
SEOUL, March 25 (Korea Bizwire) — The number of South Korean women investing in stocks has doubled over the past four years amid an equity investment craze, data showed Thursday. Asia’s fourth-largest economy had 3.88 million female stock investors as of the end of December last year, compared with 1.94 million four years earlier, according [...]
SEOUL, March 9 (Korea Bizwire) — The number of stock accounts held by South Koreans under 18 years of age has shot up over the past two years, with the value of the stocks they hold almost doubling. The number of minors who have their own stock accounts stood at 187,532 in 2018, 204,696 in [...]
SEOUL, Jan. 27 (Korea Bizwire) — South Korea’s national pension fund earned nearly 58 trillion won (US$52.6 billion) from stock investments in 2020 thanks to the bullish stock market, data showed Wednesday. As of Friday, the National Pension Service (NPS) held 181.3 trillion won worth of shares in 275 companies, of which it owns 5 [...]