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Foreign Investors Make Net Purchases of Local Shares for 6th Straight Month

Written: 2024-05-08 17:27:05Updated: 2024-05-08 17:31:01

Foreign Investors Make Net Purchases of Local Shares for 6th Straight Month

Photo : YONHAP News

Foreign investors made net purchases of South Korean stocks for the sixth consecutive month in April.

According to the Financial Supervisory Service(FSS) on Wednesday, foreign investors bought a net two-point-63 trillion won, or around one-point-nine billion U.S. dollars, worth of local shares last month.

They held 802-point-five trillion won worth of shares as of the end of April, taking up 28-point-nine percent of the overall market capitalization.

By country, investors from the U.S. held 321-point-one trillion won worth of shares, followed by 247-point-two trillion won held by those from Europe.

Offshore investors also net purchased two-point-57 trillion won worth of local bonds in April, with their holdings standing at 247-point-two trillion won, or nine-point-seven percent of the nation's outstanding public bonds as of the end of the month.

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