Foreign investors sells $3.86 bn in S.Korean stock market
Due to the political unrest caused by the impeachment of Yoon, foreigners became net sellers for five months in a row
By Jan 15, 2025 (Gmt+09:00)
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The Bank of Korea (BOK) said on Wednesday that the foreign investors' net selling in the South Korean stock market was $3.86 billion in December last year.
The size of net selling is the largest since March 2020 (-$7.37 billion) during the COVID-19 pandemic.
In December last year, foreign investors recorded a net selling of $2.58 billion from the South Korean stock market.
It was the fifth consecutive month of net selling, following August (-$1.85 billion), September (-$5.57 billion), October (-$4.17 billion), and November (-$2.95 billion) in 2024.
The BOK explained that foreign investors continued to see net selling amid lingering concerns over the growth of South Korea's semiconductor companies, political uncertainty in South Korea, and fears of delayed global interest rate cuts.
Write to Han-Gyeol Seon at [email protected]
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