finance
Foreign investors sell $110 billion of South Korean stocks year-to-date
Foreign investors have sold $110 billion in South Korean equities so far this year, the largest amount at this point in any year on record. Outflows more than doubled after the start of May, with $31 billion leaving in June alone.
Jul 14, 3:49 PM·1m read4 sources
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Foreign investors have sold $110 billion in South Korean equities year-to-date, the largest amount recorded at this point in any year, @KobeissiLetter reported. The previous full-year record over the last seven years was $22 billion in 2021. Outflows have more than doubled since the start of May.
Monthly and domestic flows In June alone, foreign investors sold $31 billion in South Korean equities, the largest monthly outflow on record. Domestic retail investors bought $60 billion and domestic institutional investors bought $15 billion of South Korean stocks since the start of May. The foreign investor exodus from South Korea is accelerating.
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