Corporate Value-Up Program Seems to Have Delivered Results

Foreign investors maintained a 'buy' stance in the domestic stock market until January, supported by the government's efforts to enhance corporate value through programs such as the 'Corporate Value-Up Program.' It was revealed that foreign investors purchased stocks worth 3.6 trillion KRW in the KOSPI market alone.


According to the Financial Supervisory Service on the 15th, foreign investors net bought listed stocks worth 3.353 trillion KRW and net invested 809 billion KRW in listed bonds in January this year, resulting in a total net investment of 4.162 trillion KRW. Notably, foreign investors have net bought stocks exceeding 3 trillion KRW each month for three consecutive months since November last year.


In the domestic stock market, foreign investors net sold 3.567 trillion KRW in the KOSPI market and 214 billion KRW in the KOSDAQ market. The buying trend was observed to be concentrated on companies with low price-to-book ratios (PBR).


By region, Europe (3.9 trillion KRW), the United States (700 billion KRW), and Asia (300 billion KRW) showed net purchases, while the Middle East (1.1 trillion KRW) showed net sales. Within Europe, the United Kingdom accounted for an overwhelming share as a single country, with net purchases worth 3.249 trillion KRW.



As of the end of January, foreign investors held a total of 949.4 trillion KRW in listed securities, including 704 trillion KRW in listed stocks (27.6% of market capitalization) and 245.4 trillion KRW in listed bonds (9.8% of the outstanding amount).


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

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