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Samsung and Tesla Top Favorite Stocks Among South Korea’s Young Investors

Samsung and Tesla Top Favorite Stocks Among South Korea’s Young Investors

SEOUL, Apr. 9 (Korea Bizwire) – Samsung Electronics emerged as the most popular stock trading among South Korean minors so far this year, while Tesla and Apple led the charge in overseas equities, according to an analysis by Shinhan Investment Corp. In a review of the top 10 stocks traded by its underage clients from January [...]

Foreign Investors Remain Net Sellers of S. Korean Stocks in September

Foreign Investors Remain Net Sellers of S. Korean Stocks in September

SEOUL, Oct. 19 (Korea Bizwire) — Foreign investors sold a net 1.71 trillion won (US$1.26 billion) worth of South Korean stocks in September, extending their selling spree for a second consecutive month, data showed Thursday. After the sell-off, foreigners owned some 663.7 trillion won worth of local stocks, or 26.7 percent of total market capitalization, [...]

S. Korean CEOs Actively Buy Company Shares amid Sluggish Market

S. Korean CEOs Actively Buy Company Shares amid Sluggish Market

SEOUL, Aug. 30 (Korea Bizwire) — Chief executives at South Korea’s major companies have been actively purchasing their own company shares over the past year amid a sluggish stock market, a corporate tracker said Tuesday, highlighting their commitment to earning shareholder trust and enhancing responsible management. According to a survey conducted by Leaders Index of [...]

Retail Investors Flock to Mobile Trading amid Battery Stock Fluctuations

Retail Investors Flock to Mobile Trading amid Battery Stock Fluctuations

SEOUL, Aug. 4 (Korea Bizwire) — The number of retail investors accessing mobile trading systems (MTS), or smartphone trading, is rapidly rising amid sharp fluctuations in the share prices of secondary battery materials producers. According to industry sources, the daily active users (DAU) for five major brokerages — Mirae Asset Securities Co., Samsung Securities Co., [...]

Foreign Purchases of Tech, Auto Stocks Amount to Over 16 tln Won This Year

Foreign Purchases of Tech, Auto Stocks Amount to Over 16 tln Won This Year

SEOUL, May 29 (Korea Bizwire) — Foreign purchases of South Korean tech and auto stocks have reached over 16 trillion won (US$12 billion) so far this year, according to the Korea Exchange on Monday. Foreigners bought 16.45 trillion won worth of Samsung Electronics Co., Hyundai Motor Co. and other related stocks this year through May [...]

Foreigners Buy 5.96 tln Won of S. Korean Stocks, Bonds in April

Foreigners Buy 5.96 tln Won of S. Korean Stocks, Bonds in April

SEOUL, May 9 (Korea Bizwire) — Foreign investors bought a net 5.96 trillion won (US$4.5 billion) worth of South Korean stocks and bonds in April, logging the biggest monthly purchase in 16 months, the country’s financial regulator said Tuesday. Foreigners bought a net 1.27 trillion won worth of listed stocks, turning to net buyers from [...]

Foreigners Turn Net Sellers of Local Stocks in March

Foreigners Turn Net Sellers of Local Stocks in March

SEOUL, April 10 (Korea Bizwire) — Foreign investors turned net sellers of South Korean stocks in March amid the collapses of Silicon Valley Bank in the United States and the global bank Credit Suisse, central bank data showed Monday. Offshore investors sold a net US$1.73 billion worth of local stocks last month, a turnaround from [...]

South Korean Retail Investors Dump NASDAQ for KOSDAQ

South Korean Retail Investors Dump NASDAQ for KOSDAQ

SEOUL, April 10 (Korea Bizwire) — Retail investors from South Korea, who tend to seek high returns by tolerating high volatility, have sold off shares of NASDAQ-listed tech companies, data showed Sunday. Domestic investors purchased smartphone behemoth Apple Inc.’s shares worth US$582.1 million during the period from January 1 to April 7, according to data [...]

Foreigners Remain Net Stock Buyers amid Expectations for Fed’s Slowing Rate Hikes, China’s Reopening

Foreigners Remain Net Stock Buyers amid Expectations for Fed’s Slowing Rate Hikes, China’s Reopening

SEOUL, Dec. 9 (Korea Bizwire) — Foreign investors remained net buyers of South Korean stocks for the second straight month in November amid expectations the U.S. Federal Reserve will slow the pace of rate increases and China could ease strict coronavirus restrictions, central bank data showed Friday. Foreigners’ stock investment funds logged a net inflow [...]

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 [...]