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Foreigners’ Appetite for S. Korean Stocks to Grow

Foreigners’ Appetite for S. Korean Stocks to Grow

SEOUL, April 20 (Korea Bizwire) — Foreigners’ appetite for South Korean stocks is tipped to grow down the road due to the general election results from last week and improving situations over the new coronavirus here, analysts said Monday. Offshore investors turned net buyers on Friday, ending their selling spree totaling 14.7 trillion won (US$12.1 [...]

Overseas Securities Investment in Q1 Hits Record High

Overseas Securities Investment in Q1 Hits Record High

SEOUL, April 16 (Korea Bizwire) — South Koreans’ overseas securities investment soared in the first quarter, largely on hopes that the coronavirus-hit stock prices may rebound down the road, data showed Thursday. The local investors’ transactions of overseas securities in January-March came to US$66.6 billion, up 68.2 percent from the previous quarter, according to the [...]

Foreign Sell-offs of Korean Stocks Hit Record High of US$11 bln in March

Foreign Sell-offs of Korean Stocks Hit Record High of US$11 bln in March

SEOUL, April 10 (Korea Bizwire) — Foreign investors net sold the largest amount of South Korean stocks ever in March, central bank data showed Friday, amid continued jitters in the local stock market caused by the new coronavirus outbreak. Foreigners dumped a net US$11.04 billion worth of local shares in the month, according to the [...]

Individuals Rush for Stocks amid Virus’ Market Volatility

Individuals Rush for Stocks amid Virus’ Market Volatility

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 [...]

Foreigners Dump Samsung Electronics amid Virus-fueled Recession Fears

Foreigners Dump Samsung Electronics amid Virus-fueled Recession Fears

SEOUL, March 24 (Korea Bizwire) — Foreign ownership of Samsung Electronics Co. has fallen to a 13-month low amid offshore investors’ selling binge sparked by fears over a coronavirus-induced global economic recession, data showed Tuesday. Foreign investors owned 55.37 percent of Samsung Electronics, the world’s No. 1 smartphone and memory chipmaker, as of Friday, according [...]

Foreign Investors Turn to Net Sellers of Local Stocks in Feb.

Foreign Investors Turn to Net Sellers of Local Stocks in Feb.

SEOUL, March 16 (Korea Bizwire) — Foreign investors became net sellers of South Korean stocks last month, ending their two-month buying spree, data showed Monday. Foreigners sold a net 3.22 trillion won (US$2.6 billion) worth of local stocks in February, according to the data from the Financial Supervisory Service (FSS). American investors sold a net [...]

S. Korea to Tighten Rules on Stock Short Selling amid Market Rout

S. Korea to Tighten Rules on Stock Short Selling amid Market Rout

SEOUL, March 10 (Korea Bizwire) — South Korea’s financial authorities said Tuesday they will tighten regulations on stock short selling as part of market stabilization measures amid increased fluctuations sparked by the outbreak of the new coronavirus and a slide in global oil prices. Finance Minister Hong Nam-ki said the government will temporarily ease its [...]