Foreigners Switch to Net Buying of Domestic Stocks... Bonds See Net Investment for 2 Consecutive Months
Last month, foreigners turned to net buying of domestic listed stocks for the first time in a month. Bonds recorded net investments for the second consecutive month.
According to the Financial Supervisory Service on the 9th, foreigners net purchased 1.268 trillion won worth of listed stocks last month. As of the end of last month, they held 661.2 trillion won, which is about 26.6% of the total market capitalization.
By region, Europe and Asia net purchased 1.3 trillion won and 500 billion won respectively. The Americas net sold 600 billion won. By country, Norway recorded net purchases of 1.1 trillion won, the Netherlands 300 billion won, while the UK and Canada sold 400 billion won and 300 billion won respectively. The largest holding was the United States with 268.5 trillion won (40.6%), followed by Europe with 205.5 trillion won (31.1%), Asia with 91.4 trillion won (13.8%), and the Middle East with 21.1 trillion won (3.2%).
In the bond market last month, foreigners net purchased 8.492 trillion won worth of listed bonds and received 3.801 trillion won in maturity repayments, resulting in a total net investment of 4.691 trillion won.
By region, Asia (2.5 trillion won) and Europe (2.3 trillion won) made net investments, while the Americas and the Middle East net withdrew 1 trillion won and 300 billion won respectively.
Government bonds (4.4 trillion won) and Monetary Stabilization Bonds (1.7 trillion won) saw net investments, while corporate bonds had a net withdrawal of 300 billion won. As of the end of last month, holdings consisted of government bonds at 196.3 trillion won (86.6%) and special bonds at 29.6 trillion won (13.0%).
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By remaining maturity, bonds with less than one year to maturity had a net withdrawal of 300 billion won, bonds with 1 to less than 5 years had net investments of 3.7 trillion won, and bonds with over 5 years had net investments of 1.3 trillion won. As of the end of last month, bonds with less than one year remaining maturity accounted for 57.6 trillion won (25.4%), 1 to less than 5 years for 83.6 trillion won (36.9%), and over 5 years for 85.6 trillion won (37.7%).
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