Foreigners Sold Over 5 Trillion Won In Our Stock Last Month

Foreign investors sold more than 5 trillion won in our stock market last month.

According to the international financial and foreign exchange market trends announced by the Bank of Korea today (8th), foreign stock investment funds were net outflowed $4.17 billion last month.

Based on the won-dollar exchange rate at the end of last month, our money is worth 5.75 trillion won.

Net outflow means that foreign funds that escaped from our stock market last month were more than they came in.

It has been three months since August that foreign stock investment funds have been net outflowed.

However, the size was down from $5.57 billion in September.

The Bank of Korea analyzed that the net outflow was due to concerns about the growth potential of Korean semiconductor companies and global geopolitical risks, but the size was reduced due to the influx of low-priced purchases.