SEOUL, Nov. 11 (Xinhua) -- Foreign investors sold South Korean stocks for three straight months to October due to the continued fall in export, caused by the global trade dispute, financial watchdog data showed Monday.
Foreign net selling of local stocks amounted to 348 billion won (299.6 million U.S. dollars) in October, after reaching 2.34 trillion won (2 billion U.S. dollars) in August and 915 billion won (787.8 million U.S. dollars) in September each, according to the Financial Supervisory Service.
The biggest net seller was U.S. investors, while those from Britain, the Netherlands and Switzerland were net buyers in the local stock market last month.
Foreign holdings of domestic stocks reached 560.6 trillion won (482.7 billion U.S. dollars) as of end-October, taking up 33.2 percent of the total market capitalization.
Meanwhile, foreigners bought a net 3.16 trillion won (2.7 billion U.S. dollars) worth of local listed bonds in October.
Given the maturing debts worth 3.35 trillion won (2.9 billion U.S. dollars), offshore investors recouped 0.19 trillion won (0.2 billion U.S. dollars) from the local bond market last month.
Foreign ownership of domestic listed bonds reached 126.5 trillion won (108.9 billion U.S. dollars) at the end of last month.
