Foreigners Sell Listed Stocks Worth 1.179 Trillion Won...Net Bond Purchases in 6 Months
Financial Supervisory Service, Yeouido, Seoul. Photo by Jinhyung Kang aymsdream@
View original imageLast month, foreigners net sold domestic listed stocks worth approximately 1.179 trillion KRW. In the case of bonds, net redemption was recorded for the first time in six months, with about 383 billion KRW redeemed.
According to the foreign securities investment trends announced by the Financial Supervisory Service on the 8th, foreigners switched to net selling after one month and sold listed stocks worth 1.179 trillion KRW. As of the end of last month, foreigners held 679.1 trillion KRW, accounting for 26.1% of the market capitalization.
By region, the Americas (1 trillion KRW) and others were net buyers, while Europe (1.5 trillion KRW), Asia (400 billion KRW), and the Middle East (100 billion KRW) were net sellers. By country, the United States (900 billion KRW) and Singapore (500 billion KRW) were net buyers, while the United Kingdom (1.3 trillion KRW) and Switzerland (400 billion KRW) were net sellers. The United States held 278 trillion KRW, accounting for 40.9% of the total foreign holdings. This was followed by Europe (210.9 trillion KRW), Asia (91.3 trillion KRW), and the Middle East (20.8 trillion KRW).
Additionally, foreigners net purchased 8.975 trillion KRW of listed bonds last month and received 9.358 trillion KRW in maturity repayments, resulting in a net redemption of 383 billion KRW. As of the end of last month, they held 242.6 trillion KRW, which corresponds to about 9.7% of the outstanding listed bonds.
By region, Asia (2.3 trillion KRW) and the Americas (400 billion KRW) were net investors, while the Middle East (1.3 trillion KRW) and Europe (700 billion KRW) were net redeemers. Government bonds (2.5 trillion KRW) saw net investment, while Monetary Stabilization Bonds (3.6 trillion KRW) saw net redemption.
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By remaining maturity, net investment was made in bonds with 1 to less than 5 years (4.7 trillion KRW) and over 5 years (3.3 trillion KRW), while net redemption occurred in bonds with less than 1 year (8.4 trillion KRW). As of the end of last month, bonds with less than 1 year remaining maturity accounted for 44.3 trillion KRW (18.3%), 1 to less than 5 years for 102.2 trillion KRW (42.2%), and over 5 years for 96 trillion KRW (39.6%).
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