SEOUL, March 18 (Xinhua) -- Foreign investors purchased South Korean stocks for three straight months to February on expectations for the second summit between the Democratic People's Republic of Korea (DPRK) and the United States, financial watchdog data showed Monday.
Foreigners bought a net 1.65 trillion won (1.46 billion U.S. dollars) worth of local listed stocks in February, remaining net buyers in the local stock market for the third consecutive month, according to the Financial Supervisory Service.
The foreign net buying came ahead of the second summit between top DPRK leader Kim Jong Un and U.S. President Donald Trump in late February in the Vietnamese capital of Hanoi, which ended with no agreement.
Foreign holdings of domestic shares stood at 563.7 trillion won (497.9 billion U.S. dollars) as of end-February, taking up 32.1 percent of the total market capitalization.
Meanwhile, foreign capital of 192 billion won (170 million U.S. dollars) flowed out of the domestic bond market in February on massive debts that matured. Foreign ownership of local listed bonds amounted to 110 trillion won (97.2 billion U.S. dollars) as of end-February, making up 6.3 percent of the total listed bonds.
Foreigners bought a net 1.65 trillion won (1.46 billion U.S. dollars) worth of local listed stocks in February, remaining net buyers in the local stock market for the third consecutive month, according to the Financial Supervisory Service.
The foreign net buying came ahead of the second summit between top DPRK leader Kim Jong Un and U.S. President Donald Trump in late February in the Vietnamese capital of Hanoi, which ended with no agreement.
Foreign holdings of domestic shares stood at 563.7 trillion won (497.9 billion U.S. dollars) as of end-February, taking up 32.1 percent of the total market capitalization.
Meanwhile, foreign capital of 192 billion won (170 million U.S. dollars) flowed out of the domestic bond market in February on massive debts that matured. Foreign ownership of local listed bonds amounted to 110 trillion won (97.2 billion U.S. dollars) as of end-February, making up 6.3 percent of the total listed bonds.
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