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Foreign investors have dumped billions of dollars of Korean stocks this year despite record rally. Here's why
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- Foreign investors have dumped billions of dollars' worth of South Korean stocks this year, even as the Kospi has emerged as one of the world's standout performers thus far, with record year-to-date gains.
- On Monday, overseas investors had unloaded a net 1.24 trillion won (about $801 million) worth of Kospi-listed shares as of 11am Singapore time (11p.m.
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Foreign investors have dumped billions of dollars' worth of South Korean stocks this year, even as the Kospi has emerged as one of the world's standout performers thus far, with record year-to-date gains.
On Monday, overseas investors had unloaded a net 1.24 trillion won (about $801 million) worth of Kospi-listed shares as of 11am Singapore time (11p.m. ET Sunday), according to Korea Exchange data.
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