Foreigners buy record high S. Korean bonds, turn to net sellers of stocks in May
- 5 years ago
'韓국채=안전자산' 外人 역대 최대 순투자...주식은 팔았다
Foreign investors bought a record amount of South Korean bonds last month... as they dumped local stocks.
According to the Financial Supervisory Service,... foreigners bought six billion U.S. dollars' worth of local bonds in May, … the most in a single month since October 2009.
Bonds held by foreign investors stood at 1-hundred-1-billion dollars at the end of last month, …accounting for 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.
Foreign investors bought a record amount of South Korean bonds last month... as they dumped local stocks.
According to the Financial Supervisory Service,... foreigners bought six billion U.S. dollars' worth of local bonds in May, … the most in a single month since October 2009.
Bonds held by foreign investors stood at 1-hundred-1-billion dollars at the end of last month, …accounting for 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.