SEOUL, Sept. 2 (Korea Bizwire) — South Korean retail investors have net-bought more than 2 trillion won worth of shares in top-cap Samsung Electronics Co. over the past month amid massive selling by foreigners and institutions, data showed Wednesday. Individual investors’ net purchase of Samsung Electronics traded on the main stock market came to 2.01 [...]
SEOUL, Aug. 24 (Korea Bizwire) — Despite a recent market seesaw, foreign investment banks have painted a rosy outlook of the South Korean stock market amid signs of improving economic conditions and ample liquidity, sources said Monday. Global investment bank Credit Suisse recently upgraded its outlook for the Korea Composite Stock Price Index (KOSPI) to [...]
SEOUL, June 5 (Korea Bizwire) — Emboldened by a recent market bull run, South Korean retail investors are scrambling to borrow money to buy shares in anticipation of price gains down the road, data showed Friday. Outstanding margin loans to retail investors stood at 11.4 trillion won (US$9.3 billion) as of Wednesday, according to the [...]
SEOUL, May 13 (Korea Bizwire) — Foreign investors continued to net sell South Korean stocks in April amid the coronavirus pandemic but boosted their purchase of local bonds, central bank data showed Wednesday. Foreigners net sold US$4.32 billion worth of local shares in the month, according to the data from the Bank of Korea (BOK). [...]
SEOUL, April 27 (Korea Bizwire) — Foreign holdings of South Korean stocks reached a 13-month low, as offshore investors rushed for cash amid the prolonged coronavirus uncertainties, data showed Monday. Foreign investors held 468.2 trillion won (US$379.4 billion) worth of stocks traded on the main bourse as of Friday’s close, or 36.83 percent of the [...]
SEOUL, April 9 (Korea Bizwire) — Individual investors in South Korea have raked in a massive amount of local stocks since the country’s first coronavirus outbreak in January, countering foreigners’ selling mode, data showed Thursday. Since South Korea’s first confirmed case of COVID-19 on Jan. 20 to Thursday’s closing, individuals bought a net 20.6 trillion [...]
SEOUL, March 16 (Korea Bizwire) — Investors injected more cash into equity funds as they expect a market rebound following volatility caused by the spreading coronavirus outbreak, data showed Monday. According to data compiled by market tracker FnGuide, the average yield of 961 domestic stock investment funds with a net asset value of 1 billion [...]
SEOUL, March 13 (Korea Bizwire) — South Korea on Friday announced a temporary ban on stock short selling for six months amid a market rout triggered by the outbreak of the new coronavirus. The Financial Services Commission (FSC) said the six-month ban will affect all listed firms, starting from Monday. FSC Chairman Eun Sung-soo said [...]
SEOUL, March 13 (Korea Bizwire) — South Korean institutional investors have been loading up on stocks this month despite a virus-induced market crash, data showed Friday. The country’s state pension fund and other institutions remained in net buying mode between March 2 and Thursday, purchasing stocks worth nearly 1.1 trillion won (US$910 million), according to [...]
SEOUL, March 12 (Korea Bizwire) — South Korean retail investors have remained in a net buying mode this year despite a sharp drop in local stock prices, data showed Thursday. Individual investors have bought a net 14.3 trillion won (US$12 billion) worth of local stocks as of Wednesday this year, according to the data compiled [...]