Foreigners buy record high S. Korean bonds, turn to net sellers of stocks in May
- 5 years ago
Foreign investors bought a record amount of South Korean bonds in May,… while dumping stocks over the same period.
According to data by the Financial Supervisory Service,... foreigners bought six billion U.S. dollars of local bonds in May, … the most in a single month since October 2009.
The holdings of local debt by offshore investors stood at 1-hundred-1-billion dollars at the end of last month, …making up six-point-seven percent of the total market.
Meanwhile, foreigners sold two-point-47 billion dollars of local stocks in May, …amid the Korean won's weakness against the U.S. dollar.
Offshore investors held a total 4-hundred-50 billion dollars of local stocks at the end of May, …accounting for over 32 percent of Korea's total market cap
According to data by the Financial Supervisory Service,... foreigners bought six billion U.S. dollars of local bonds in May, … the most in a single month since October 2009.
The holdings of local debt by offshore investors stood at 1-hundred-1-billion dollars at the end of last month, …making up six-point-seven percent of the total market.
Meanwhile, foreigners sold two-point-47 billion dollars of local stocks in May, …amid the Korean won's weakness against the U.S. dollar.
Offshore investors held a total 4-hundred-50 billion dollars of local stocks at the end of May, …accounting for over 32 percent of Korea's total market cap