Foreigners Turn Net Buyers in 12 Weeks... Buying KOSPI and Selling KOSDAQ

[Asia Economy Reporter Song Hwajeong] Foreign investors have returned to a 'buying' trend in the domestic stock market after 12 weeks.

According to the Korea Exchange on the 3rd, foreign investors net purchased about 61.6 billion KRW in the domestic stock market during the week from the 27th to the 29th of last month. They bought 127.3 billion KRW in the KOSPI market and sold 65.7 billion KRW in the KOSDAQ market.

The stock most purchased by foreign investors last week was SK Hynix. Foreign investors net bought SK Hynix worth 91.4 billion KRW last week. Next, they purchased LG Chem for 68 billion KRW. Additionally, they net bought Samsung Electro-Mechanics (45.7 billion KRW), KB Financial Group (41 billion KRW), Hotel Shilla (40 billion KRW), Hana Financial Group (27.7 billion KRW), Samsung SDI (26.4 billion KRW), Samsung Electronics (21.4 billion KRW), NAVER (19.6 billion KRW), and Korea Shipbuilding & Offshore Engineering (14.1 billion KRW).

The stock most sold by foreign investors last week was S-Oil. Foreign investors net sold S-Oil worth 70 billion KRW last week. Following that, they sold Korea Electric Power Corporation (KEPCO) for 33.5 billion KRW. Other top net sold stocks by foreign investors included Samsung Electronics Preferred Shares (32.5 billion KRW), Hyundai Mobis (27.7 billion KRW), Medytox (25.7 billion KRW), KT&G (24.5 billion KRW), NCSoft (21.9 billion KRW), Celltrion Healthcare (20.2 billion KRW), Caregen (15.1 billion KRW), and Hyundai Motor (14.3 billion KRW).

The inflow of foreign buying is considered a matter of time. KB Securities researcher Eun Taek Lee said, "Although the selling trend has not changed significantly yet, considering that the number of US unemployment claims peaked at the end of March, once employment stabilizes, the inflow of foreign buying is just a matter of time."

This content was produced with the assistance of AI translation services.