Foreigners Switch to 'Buy' in Just One Week... LG Chem Most Purchased

[Asia Economy Reporter Song Hwajeong] Foreign investors have returned to net buying in the domestic stock market after a week. While foreign investors sold off more than 5 trillion won the previous week, they showed a slight buying trend last week.

According to the Korea Exchange on the 7th, foreign investors net purchased about 480.4 billion won in the domestic stock market during the week from the 1st to the 5th. They bought 298.1 billion won in the KOSPI market and 182.4 billion won in the KOSDAQ market, respectively.

The stock most bought by foreign investors last week was LG Chem. Foreign investors net purchased 692 billion won worth of LG Chem last week. This was followed by Celltrion, which they bought for 330.6 billion won. Other net purchases included Samsung SDI (171.4 billion won), POSCO (106.6 billion won), Hyundai Motor (98.5 billion won), NCSoft (73.6 billion won), Netmarble (73.3 billion won), SK Telecom (65.5 billion won), HL Biopharma (62.7 billion won), and Big Hit (49.3 billion won).

The stock most sold by foreign investors last week was Samsung Electronics. Foreign investors net sold 551.8 billion won worth of Samsung Electronics last week. This was followed by LG Electronics, which they sold for 232.6 billion won. Other top net sales by foreign investors included Samsung Electronics Preferred (116 billion won), Kia Motors (84 billion won), Amorepacific (69.1 billion won), PV Pharma (64.1 billion won), Kakao (49.2 billion won), Hyundai Mobis (43.4 billion won), Kumho Petrochemical (41.9 billion won), and Hyundai Glovis (95.2 billion won).

It is analyzed that for foreign capital inflow to fully resume, concerns about stock market overheating need to be alleviated. An Soeun, a researcher at IBK Investment & Securities, said, "In the short term, price burdens may lead to foreign capital outflows, but conversely, if expectations for domestic economic recovery remain valid and concerns about stock market overheating subside, foreign capital inflows will resume."

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