Foreigners 'Palja' in 6 Weeks... Samsung Electronics Largest Buyer for 3 Consecutive Weeks

[Asia Economy Reporter Song Hwajeong] Foreign investors showed a selling trend in the domestic stock market for the first time in six weeks.

According to the Korea Exchange on the 12th, foreign investors net sold about 228.4 billion KRW in the domestic stock market during the week from the 6th to the 10th. Foreign investors bought 182.2 billion KRW in the KOSPI market but sold 409.6 billion KRW in the KOSDAQ market.

The stock most purchased by foreign investors last week was Samsung Electronics. Foreign investors net bought Samsung Electronics worth 596.6 billion KRW last week, marking the third consecutive week of the largest purchases of Samsung Electronics. This was followed by KakaoBank with purchases worth 225.9 billion KRW. Other net purchases included SK Hynix (123.6 billion KRW), Samsung SDI (86.1 billion KRW), Samsung Electronics Preferred (65.4 billion KRW), Kia (58.8 billion KRW), LX Semicon (54.4 billion KRW), LG Chem (43.5 billion KRW), Celltrion (30.5 billion KRW), and Samsung Biologics (29.9 billion KRW).

The stock most sold by foreign investors last week was SK Square. Foreign investors net sold SK Square worth 211.1 billion KRW last week, marking the second consecutive week of the largest sales. This was followed by Kakao Pay with sales worth 93.2 billion KRW. Other top net sales by foreign investors included NCSoft (92.9 billion KRW), Naver (NAVER, 80.2 billion KRW), Kakao (71.3 billion KRW), SK Innovation (65.1 billion KRW), Pearl Abyss (40.6 billion KRW), LG Household & Health Care (38.3 billion KRW), SK IE Technology (37.4 billion KRW), and Hyundai Motor (37.2 billion KRW).

Foreign capital inflows are centered on IT stocks. Lee Hyukjin, a researcher at Samsung Securities, said, "An investment strategy that responds to the US tightening cycle while utilizing changes in China's policy stance is appropriate," adding, "This is the reason why the recent return of foreign investors is focused on IT." The researcher added, "There is abundant domestic and international momentum to stimulate stock prices in the future. Domestically, Samsung Electronics announced a new management strategy, and internationally, the Consumer Electronics Show (CES) is upcoming, so we present a portfolio centered on IT."

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