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Foreigners buy S.Korean stocks in December

SEOUL
2022-01-10 14:15

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SEOUL, Jan. 10 (Xinhua) -- Foreigners bought South Korean stocks for two straight months in December, financial watchdog data showed Monday.

The foreign net purchase of local stocks reached 4.36 trillion won (3.6 billion U.S. dollars) in December, after logging 2.54 trillion won in the previous month, according to the Financial Supervisory Service.

Investors from the United States, Asia and the Middle East were net buyers in the domestic stock market last month, but European investors were net sellers.

The foreign holdings of domestic stocks totaled 785.23 trillion won at the end of December, accounting for 28.7 percent of the total market capitalization.

Offshore investors purchased a net 10.23 trillion won worth of local listed bonds in December.

Given the matured debts amounting to 4.68 trillion won, the foreign net investment in the local bond market came to 5.55 trillion won.

The foreign ownership of local bonds reached a new high of 214.02 trillion at the end of December. (1 U.S. dollar equals 1,199.03 won)
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