Foreigners Net Sold 3 Trillion KRW in Domestic Stocks Last Month... 'Selling' for 3 Consecutive Months
Last month, foreign investors net sold more than 3 trillion won worth of domestically listed stocks. This marks the third consecutive month of net selling.
According to the foreign securities investment trends announced by the Financial Supervisory Service on the 7th, the net selling volume of foreign investors in listed stocks in October was 3.112 trillion won. This follows net selling of 1.179 trillion won in August and 1.712 trillion won in September, making it three consecutive months of net selling.
Foreign investors net sold 2.611 trillion won in the KOSPI market and 51 billion won in the KOSDAQ market. By region, Europe recorded the largest net selling at 1.6 trillion won, followed by the Americas (600 billion won), Asia (100 billion won), and the Middle East (100 billion won), all of which also net sold.
As of the end of October, the balance of foreign investors' holdings in listed stocks was 624.8 trillion won, down 39.9 trillion won from the previous month. This accounts for approximately 27.2% of the market capitalization.
In the bond market, foreign investors net purchased 5.199 trillion won worth of listed bonds and received 5.895 trillion won in matured repayments, resulting in a net redemption of 696 billion won.
They made a net investment of 3.2 trillion won in government bonds and a net redemption of 2.4 trillion won in Monetary Stabilization Bonds. By remaining maturity, net investments were made in bonds with 1 to less than 5 years remaining maturity (3.5 trillion won) and over 5 years (2.6 trillion won), while net redemptions occurred in bonds with less than 1 year remaining maturity (6.8 trillion won).
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As of the end of last month, the balance of foreign investors' holdings in listed bonds decreased by 80 billion won from the previous month to 241.6 trillion won. This represents about 9.7% of the listed bond balance.
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