Foreign Securities Investment Balance by Institutional Investors in Q2 Reaches 381.1 Billion USD... Increase of 18.5 Billion USD
[Asia Economy Reporter Kim Eunbyeol] Due to factors such as rising overseas stock prices, the balance of foreign currency securities investments by domestic institutional investors in the second quarter also increased by $18.5 billion.
According to the Bank of Korea on the 31st, the balance of foreign currency securities investments (market value basis) by major domestic institutional investors stood at $381.1 billion as of the end of June, up $18.5 billion during the second quarter.
By investor type, asset management companies' foreign currency securities investment balance increased by $16.7 billion, insurance companies by $2.7 billion, and foreign exchange banks by $0.3 billion. On the other hand, securities companies' investments decreased by $1.2 billion.
By investment product, foreign stocks (+$15.5 billion) and foreign bonds (+$4.7 billion) increased, while Korean Paper (-$1.8 billion) decreased.
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A Bank of Korea official explained, "This is due to the increase in the value of stocks held by institutions or increased stock purchases, influenced by the rise in stock prices in major countries."
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