Foreigners, 'Palja' in One Week... Samsung Electronics Most Sold Net
[Asia Economy Reporter Song Hwajeong] Foreign investors turned to a selling trend in the domestic stock market after a week.
According to the Korea Exchange on the 3rd, foreign investors net sold approximately 825.7 billion KRW in the domestic stock market during the week from the 27th of last month to the 1st of this month. Foreign investors sold 581.9 billion KRW in the KOSPI market and 243.7 billion KRW in the KOSDAQ market, respectively.
The stock most purchased by foreign investors last week was SK Innovation. Foreign investors net bought SK Innovation for 217.7 billion KRW last week. This was followed by KB Financial Group, which they purchased for 126.6 billion KRW. Other net purchases included Hanwha Solutions (68.4 billion KRW), Shinhan Financial Group (62.2 billion KRW), LG Chem (58.0 billion KRW), SK Telecom (57.1 billion KRW), Korean Air (48.0 billion KRW), SK IE Technology (43.1 billion KRW), LG Household & Health Care (42.6 billion KRW), and Hana Financial Group (37.3 billion KRW).
The stock most sold by foreign investors last week was Samsung Electronics. Foreign investors net sold Samsung Electronics for 419.9 billion KRW last week. They also sold Samsung Electronics Preferred shares for 195.8 billion KRW. Other top net sales included Kakao (99.1 billion KRW), Hyundai Motor (89.9 billion KRW), NCSoft (76.0 billion KRW), Kia (70.4 billion KRW), Celltrion (69.9 billion KRW), POSCO (57.4 billion KRW), LG Electronics (55.7 billion KRW), and Hyundai Mobis (45.7 billion KRW).
Hot Picks Today
"Only Two Per Person" Garbage Bag Crisis Was Just Yesterday... Japan Also Faces Shortage Anxiety
- "Samsung Electronics Employee with 100 Million Won Salary Receiving 600 Million Won Bonus... Estimated Tax Revealed"
- Lived as Family for Over 30 Years... Daughter-in-Law Cast Aside After Husband's Death
- 'Will Demand Finally Decline Due to High Prices?'... "I'll Just Enjoy Nearby Trips" as Japan and China See a Surge
- "Wore It Once, Then This? White Spots All Over 4.15 Million Won Prada Jacket... 'Full Refund Ordered'"
After turning to 'buying' last month for the first time in a while, foreign investors started October with 'selling.' Kim Hyung-ryeol, head of the Research Center at Kyobo Securities, said, "For foreign demand to continue, it is necessary that risks such as the Evergrande real estate issue and the US debt ceiling issue are resolved, and there must be confidence that the domestic fundamental environment can continuously strengthen next year."
© The Asia Business Daily(www.asiae.co.kr). All rights reserved.
