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RealTime Wire

Foreign Investors Sell 19.11 Trillion Won of Korean Stocks in September

Offshore investors dumped a net 19.11 trillion won, drawing 34.8 % of the market, as they pulled out of domestic bonds for a second month.

By RealTime WireSource: english.news.cn1 min read

In brief

In September, foreign investors became net sellers of Korean shares, offloading 19‑trillion‑won worth of stocks while pulling 7.57 trillion won out of the domestic bond market. The sell‑off was concentrated on the KOSPI, with 17.45 trillion won liquidated, and also included 1.66 trillion won from the tech‑heavy KOSDAQ. Foreign holdings of local stocks and bonds represented 34.8 % and 11.2 % of their respective markets.

Foreign investors ran off from Korean equities in September, net selling 19.11 trillion won ($14.3 billion) of listed shares and withdrawing 7.57 trillion won from domestic bonds, according to data released by the Financial Supervisory Service (FSS). The bulk of the equity outflow hit the KOSPI, where foreigners net sold 17.45 trillion won, and the tech‑heavy KOSDAQ, where 1.66 trillion won was sold.

At month’s end, foreign holdings of domestic stocks totaled 2,296.0 trillion won, accounting for 34.8 % of all market capitalization. Foreign ownership of listed bonds stood at 322.9 trillion won, or 11.2 % of the bond market. The bond net outflow came after investors purchased a net 127.0 billion won of listed listings last month.

The FSS data confirm the net selling figures and market shares. No corroborating statements were provided by other domestic or foreign market watchdogs in the cited report.

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