Foreigners hold 30% of stocks

The Financial Supervisory commission revealed that during August foreign investors had net purchased stocks worth a total of 1.33 trillion won with reserve capital of 75.23 trillion won, thus holding 30.1% of the total stock market value.

It marks the first time that such a market presence had reached over 30% on a monthly basis.

Also in the Kosdaq, foreign investors dominated with 74 billion won in floating funds, but with the drop in the Kosdaq market, the foreign reserve stock capital decreased to 3.9 trillion won. In the bond market, foreign investors sold 164 billion net won worth, reducing their reserve fund of 1.39 trillion won.

Foreign investors on net base purchased Hyundai Electronics (399 billion won), Samsung Electronics (192 billion won), Korean Energy (177), SKTelecom (95), Hyundai Motors (913). Foreigner players net sold Samsung Electric (126 billion won), LG Investment and Securities (27), Pohang Iron and Steel (18), S-oil (17), and Good Morning Securities (17).