Foreign Investors Flee Amid Middle East Conflict and TurboQuant Shock

Due to the continued selling trend by foreign investors, the foreign ownership ratio of Samsung Electronics has dropped to the 48% range, marking its lowest level in approximately 12 years and 6 months.

Samsung Electronics Seocho Building, Seocho-gu, Seoul. Photo by Yonhap News.

Samsung Electronics Seocho Building, Seocho-gu, Seoul. Photo by Yonhap News.

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According to the Financial Supervisory Service on March 27, the foreign ownership ratio of Samsung Electronics was recorded at 48.90%. This is the lowest figure since October 1, 2013, when it stood at 48.87%. After recovering to the 50% level in July last year and rising to 52.63% in November, the ownership ratio began to decline at the end of last month, falling below the 50% mark on March 5, and has now dropped below 49% as of this day.


The selling pressure from foreign investors is concentrated on Samsung Electronics. From March 3 to March 27, foreigners made net sales of a total of KRW 30.263 trillion in the KOSPI market, of which nearly half—KRW 15.4962 trillion—was Samsung Electronics shares. On this day alone, provisional data shows that among all KOSPI-listed stocks, foreigners made the largest net sale of Samsung Electronics shares, amounting to KRW 1.2281 trillion.


The share price of Samsung Electronics has also continued to weaken. The instability in the Middle East, compounded by the shock from Google's 'TurboQuant,' led to a sharp 4.71% drop the previous day, followed by an additional decrease of 0.22% on this day. At one point during trading, the share price fell as low as KRW 172,000.



Han Ji-young, a researcher at Kiwoom Securities, commented, "The TurboQuant incident has damaged trust in Samsung Electronics, but considering the current ownership level, it is likely that foreign investors have already significantly reduced their holdings. Assuming the situation does not worsen further, the incentive for foreigners to mechanically adjust their positions or take profits is gradually diminishing."


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

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