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Foreigners Turn Net Buyers of Korean Stocks in Oct. on Dip-buying

Foreigners Turn Net Buyers of Korean Stocks in Oct. on Dip-buying

SEOUL, Nov. 9 (Korea Bizwire) — Foreign investors turned net buyers of South Korean stocks in October despite continued global monetary tightening as they picked up oversold shares, central bank data showed Wednesday. Foreigners’ stock investment funds logged a net inflow of US$2.49 billion in October, swinging from the previous month’s net outflow of $1.65 [...]

Stock Transaction Tax Revenue Halved On-year in Aug. amid Economic Slump

Stock Transaction Tax Revenue Halved On-year in Aug. amid Economic Slump

SEOUL, Oct. 20 (Korea Bizwire) — The amount of tax collected from stock transactions halved on-year in August, data showed Thursday, as the bearish market weighed down retail investors’ appetite for local shares. The combined amount of stock transaction tax collected in August came to 528.5 billion won (US$368 million), down from 1.01 trillion won [...]

Foreigners Turn Net Sellers of Korean Stocks in Sept. amid Global Tightening

Foreigners Turn Net Sellers of Korean Stocks in Sept. amid Global Tightening

SEOUL, Oct. 13 (Korea Bizwire) — Foreign investors turned net sellers of South Korean stocks in September on concerns over aggressive monetary tightening in major economies, central bank data showed Thursday. Foreigners’ stock investment funds logged a net outflow of US$1.65 billion in September, compared with a $3.02 billion net inflow the previous month, according [...]

Foreigners Become Net Buyers of S. Korean Stocks for 1st Time in 6 Months in July

Foreigners Become Net Buyers of S. Korean Stocks for 1st Time in 6 Months in July

SEOUL, Aug. 11 (Korea Bizwire) — Foreign investors became net buyers of South Korean stocks for the first time in six months in July on expectations that the Federal Reserve may slow the pace of monetary tightening, central bank data showed Thursday. Foreigners’ stock investment funds recorded a net inflow of US$160 million in July, [...]

S. Korea to Take Stern Actions Against Illegal Stock Short Selling

S. Korea to Take Stern Actions Against Illegal Stock Short Selling

SEOUL, July 28 (Korea Bizwire) — South Korea’s financial regulator said Thursday it plans to take stern actions against illegal stock short selling and seek to confiscate profits that were made by such practices. The measures were announced as some retail investors called for a ban on short selling amid a fall in stock prices [...]

Korean Investors Continue to Buy Tesla Shares Despite Recent Price Drops

Korean Investors Continue to Buy Tesla Shares Despite Recent Price Drops

SEOUL, June 6 (Korea Bizwire) — South Korean investors are continuing to buy shares in electric vehicle leader Tesla Inc. despite the plunging price, data showed Sunday. Local investors bought US$1.03 billion worth of Tesla shares last month, the highest since last December, according to the data from the Korea Securities Depository. As such, South [...]

Foreigners Turn Net Buyers of S. Korean Stocks as Recession, China Woes Ease

Foreigners Turn Net Buyers of S. Korean Stocks as Recession, China Woes Ease

SEOUL, June 1 (Korea Bizwire) — Foreign investors have snapped a monthslong selling streak and turned to a buying mode for South Korean stocks, data showed Wednesday, amid eased worries over a global recession and China’s struggle with COVID-19 outbreaks. Foreigners scooped up a net 1.72 trillion won (US$1.38 billion) on the country’s main KOSPI [...]

Foreign Selling Reaches 15 tln Won in S. Korea This Year

Foreign Selling Reaches 15 tln Won in S. Korea This Year

SEOUL, May 22 (Korea Bizwire) — Foreign investors have sold nearly 15 trillion won (US$12 billion) worth of South Korean stocks this year through mid-May as they fled to safe haven assets amid growing stagflation worries, the country’s main bourse said Sunday. From Jan. 1 through Friday, foreign selling stood at 14.8 trillion won on [...]