Data released by South Korea’s Financial Supervisory Service on July 31 showed that foreign investors were net sellers of listed South Korean stocks for a sixth straight month in June, with net sales reaching KRW 49.336 trillion. The breakdown showed net selling of KRW 50.979 trillion on the main board, partly offset by net buying of KRW 1.643 trillion on the secondary market. From January through June, cumulative net selling by foreign investors totaled KRW 116.3563 trillion, more than 10 times the full-year net selling amount recorded last year. Even with the heavy outflows, foreign investors’ holdings of listed stocks stood at KRW 2,908.639 trillion at the end of June, up KRW 56.3 trillion from the previous month, accounting for 36.4% of total market capitalization.
According to Jin10, data released by South Korea’s Financial Supervisory Service on July 31 showed that foreign investors were net sellers of South Korean listed stocks in June, with net sales totaling KRW 49.336 trillion. That marked the sixth consecutive month of net selling.
By market, foreign investors posted net sales of KRW 50.979 trillion on the main board, while recording net purchases of KRW 1.643 trillion on the secondary market.
For the year through June, cumulative net selling by foreign investors reached KRW 116.3563 trillion, exceeding last year’s full-year net selling amount by more than 10 times.
Despite the large-scale selling, the total value of listed stocks held by foreign investors stood at KRW 2,908.639 trillion at the end of last month, up KRW 56.3 trillion from a month earlier. Their holdings accounted for 36.4% of total market capitalization.
This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan. Disclaimer:
The market information, project data, and third-party content displayed on this platform are for industry information sharing only and do not constitute any form of investment advice or return commitment.
Cryptocurrency trading carries high risks. Users should fully assess their risk tolerance and make independent decisions. All profits, losses, and legal responsibilities are borne by the users themselves.
