Foreigners sell S. Korean stocks for 2 months

Source: Xinhua| 2018-12-10 16:35:51|Editor: mym
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SEOUL, Dec. 10 (Xinhua) -- Foreign investors sold South Korean stocks for two months through November, financial watchdog data showed Monday.

Foreigners sold a net 36 billion won (32 million U.S. dollars) worth of local listed stocks in November, after dumping 4.6 trillion won (4.1 billion U.S. dollars) of shares in October, according to the Financial Supervisory Service (FSS).

Foreign holdings of domestic shares amounted to 532.9 trillion won (472.2 billion U.S. dollars) as of end-November, taking up 31.6 percent of the total market capitalization.

In the local bond market, foreigners bought a net 1.38 trillion won (1.2 billion U.S. dollars) worth of domestic listed bonds.

Given the 900 billion won (800 million U.S. dollars) of maturing debts, the foreign net bond investment amounted to 483 billion won (430 million U.S. dollars).

The foreign ownership of local listed bonds reached 112.2 trillion won (990 million U.S. dollars) as of end-November, making up 6.5 percent of the total listed bonds.

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