Foreigners, 'Palja' in Just One Week... Naver Most Net Bought

[Asia Economy Reporter Song Hwajeong] Foreign investors have turned to 'selling' in the domestic stock market after just one week.

According to the Korea Exchange on the 21st, foreign investors net sold approximately 864.7 billion KRW in the domestic stock market during the week from the 15th to the 19th. They sold 873.9 billion KRW in the KOSPI market and purchased 9.2 billion KRW in the KOSDAQ market.

The stock most purchased by foreign investors last week was Naver (NAVER). Foreign investors net bought 154 billion KRW worth of Naver last week. This was followed by Kia Motors with 141 billion KRW purchased. Other net purchases included SK Telecom (70.9 billion KRW), HMM (67.7 billion KRW), Shinpung Pharmaceutical (52.3 billion KRW), Kakao (45.2 billion KRW), Samsung Electronics (42.1 billion KRW), Hana Financial Group (33.4 billion KRW), Samsung Electro-Mechanics (27.3 billion KRW), and Vaxcell Bio (26 billion KRW).

The stock most sold by foreign investors last week was LG Chem. Foreign investors net sold 508.4 billion KRW worth of LG Chem last week. This was followed by Samsung SDI with 156.7 billion KRW sold. Other top net sales included SK Bioscience (136.3 billion KRW), LG Electronics (102.9 billion KRW), SK Innovation (89.5 billion KRW), POSCO (80.9 billion KRW), Samsung Electronics Preferred Shares (61 billion KRW), Hyundai Mobis (56.6 billion KRW), Samsung Biologics (53.3 billion KRW), and Celltrion (52.2 billion KRW).

Market attention is expected to gradually shift toward corporate earnings. Labor Gil, a researcher at NH Investment & Securities, said, "After passing important monetary policy events, the stock market's focus will gradually move to earnings. Although the stock market may react sensitively to changes in U.S. market interest rates for the time being, the decline in valuation levels of U.S. growth stocks and confidence in economic recovery will provide downside rigidity to the index."

In particular, foreign investors' movements are also expected to have a positive impact on domestic stock market supply and demand. Researcher Noh said, "Foreign investors have recently switched to net buying in the domestic IT sector due to stabilization in U.S. tech stocks. Along with this, the possibility of foreign investors holding futures long positions after the March U.S. Federal Open Market Committee (FOMC) meeting could positively influence supply and demand in the domestic stock market," he analyzed.

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