Foreigners Net Sell Stocks for the First Time in 3 Months... Net Withdrawal of 980 Billion Won in Bond Market

[Asia Economy Reporter Lee Jung-yoon] Last month, foreigners sold more than 2.3 trillion KRW worth of listed stocks in the domestic stock market, marking a net sale for the first time in three months. In the bond market, they recorded net redemptions for two consecutive months, withdrawing about 1 trillion KRW in funds.

According to the "September 2022 Foreign Securities Investment Trends" released by the Financial Supervisory Service on the 12th, foreigners net sold 2.333 trillion KRW in listed stocks and net redeemed 980 billion KRW in listed bonds last month. Stocks shifted to net sales after three months, while bonds showed net redemptions for two consecutive months.

Last month, foreigners net sold 2.333 trillion KRW in listed stocks, holding a total of 550.4 trillion KRW. This accounts for 26.2% of the total market capitalization. They net sold 1.837 trillion KRW in the KOSPI market and 496 billion KRW in the KOSDAQ market. The holding scale was led by the US with 226.5 trillion KRW, followed by Europe with 164.6 trillion KRW, Asia with 77.4 trillion KRW, and the Middle East with 18.3 trillion KRW.

In the case of listed bonds, foreigners net purchased 6.723 trillion KRW and redeemed 7.703 trillion KRW at maturity, resulting in a net redemption of 980 billion KRW. As of the end of September, they held a total of 231 trillion KRW, which corresponds to 9.8% of the outstanding listed bonds. The holding scale was led by Asia with 103.5 trillion KRW (44.8%) and Europe with 71.8 trillion KRW (31.1%).

Government bonds saw a net investment of 700 billion KRW, while Monetary Stabilization Bonds recorded a net redemption of 1.3 trillion KRW. At the end of last month, foreigners held government bonds worth 189.112 trillion KRW, accounting for 81.9%. Foreign holdings of special bonds amounted to 40.901 trillion KRW (17.7%).

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