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Foreigners' Net Purchase of Korean Stocks Hit Record High in First Half

Written: 2024-06-30 13:33:38Updated: 2024-06-30 14:09:29

Foreigners' Net Purchase of Korean Stocks Hit Record High in First Half

Foreigners' net purchases of South Korean stocks hit a record high in the first half, while individuals sold at a record high.

According to the Korea Exchange on Sunday, foreigners picked up a net 23-point-28 trillion won worth of stocks listed on the main KOPSI and secondary KOSDAQ markets in the first six months of the year.

That is the largest first-half figure since 1998, when the exchange started compiling related data.

The previous record was set in the first half of 2004 at 12-point-23 trillion won.

Meanwhile, individuals net-sold a record high of seven-point-39 trillion won worth of Korean stocks in the period. The previous record was tallied at four-point-21 trillion won in the first half of 2005.

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