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Foreigners Sell S. Korean Stocks and Bonds for Second Straight Month over N. Korea Risks

Foreigners Sell S. Korean Stocks and Bonds for Second Straight Month over N. Korea Risks

SEOUL, Oct. 18 (Korea Bizwire) — Foreign investors offloaded South Korean stocks and bonds worth US$4.3 billion in September due to profit-taking amid North Korea risks, the central bank said Wednesday. Foreign investors sold local stocks and bonds worth $830 million and $3.47 billion, respectively, the Bank of Korea (BOK) said. It marked the second [...]

Foreigners Sell US$3.25 bln of S. Korean Stocks and Bonds in Aug.

Foreigners Sell US$3.25 bln of S. Korean Stocks and Bonds in Aug.

SEOUL, Sept. 13 (Korea Bizwire) — Foreign investors offloaded South Korean stocks and bonds worth US$3.25 billion in August due to security jitters and profit-taking, the central bank said Wednesday. Foreign investors sold local stocks and bonds worth $1.33 billion and $1.91 billion, respectively, the Bank of Korea (BOK) said. It marked the first sell-off [...]

Foreign Ownership of KOSDAQ Stocks Hits Record High

Foreign Ownership of KOSDAQ Stocks Hits Record High

SEOUL, Aug. 18 (Korea Bizwire) — Foreign ownership of stocks traded on South Korea’s secondary stock market has hit a new high, data showed Friday, as offshore investors turn to undervalued tech firms there after exiting the main bourse. As of Thursday, offshore investors held 25.98 trillion won (US$22.8 billion) worth of shares traded on [...]

Value of Overseas Investment Funds Soars over Past Year

Value of Overseas Investment Funds Soars over Past Year

SEOUL, Jul. 16 (Korea Bizwire) — The value of South Korea’s overseas investment funds has jumped more than 40 percent over the past year as big-time investors look overseas for high returns despite the recent bull of the domestic stock market, data showed Sunday. According to the data by the Korea Financial Investment Association, the [...]

Investment Banks Raise South Korea’s Investment Ratings

Investment Banks Raise South Korea’s Investment Ratings

SEOUL, May 24 (Korea Bizwire) – Global investment banks (IBs) have upgraded their investment ratings on South Korean stocks and hiked targets of its benchmark stock index on expectations for higher corporate earnings and other positives, a report showed Wednesday.  Among seven major foreign IBs, UBS, Nomura, Citi, Credit Suisse and Bank of America Merill [...]

Foreign Ownership of KOSDAQ Stocks Hits Record High

Foreign Ownership of KOSDAQ Stocks Hits Record High

SEOUL, May 17 (Korea Bizwire) – Foreign ownership of stocks traded on South Korea’s secondary stock market has reached a fresh high on expectations the country’s new government may take steps to boost smaller firms, data showed Tuesday.  As of Thursday, offshore investors held 23.3 trillion won (US$20.8 billion) worth of shares traded on the [...]

National Pension Fund Earns 13 Tln Won from Equity Investments This Year

SEOUL, May 12 (Korea Bizwire) – South Korea’s national pension fund has earned nearly 13 trillion won (US$11.5 billion) from stock investments this year thanks to the bullish stock market, data showed Friday.  According to the data by market tracker FnGuide and industry sources, the value of 278 stocks, of which the National Pension Service [...]