Net Selling of 2.509 Trillion KRW in Domestic Stocks in August
2.181 Trillion KRW Sold Only on KOSPI
In August, foreigners sold 2.509 trillion KRW worth of domestic stocks, turning to net selling for the first time in 10 months.
According to the "Foreign Securities Investment Trends in August 2024" released by the Financial Supervisory Service on the 12th, foreigners net sold 2.509 trillion KRW of listed domestic stocks. They sold 2.181 trillion KRW in the KOSPI market and 328 billion KRW in the KOSDAQ market. This marks the first net selling of domestic stocks by foreigners in 10 months.
By country, Canada (700 billion KRW) and Ireland (300 billion KRW) were net buyers, while the UK (-2 trillion KRW) and the United Arab Emirates (-300 billion KRW) were net sellers.
By investor nationality, the United States accounted for 322.4 trillion KRW, representing 40.2% of foreign investors. This was followed by Europe with 248.4 trillion KRW (31.0%), Asia with 115.5 trillion KRW (14.4%), and the Middle East with 14.2 trillion KRW (1.8%).
On the other hand, foreigners made a net investment of 806 billion KRW in domestic listed bonds, resulting in a total net investment of 5.497 trillion KRW. It was found that they held a total of 259.4 trillion KRW in listed bonds, accounting for 10.1% of the outstanding listed bonds. Unlike stocks, bonds turned to net investment after three months.
By type of investment, they made net investments in government bonds (5.1 trillion KRW) and Monetary Stabilization Bonds (3.8 trillion KRW). Foreigners currently hold 91.8% (238.2 trillion KRW) of government bonds. This is followed by special bonds at 8.1% (21 trillion KRW).
As of the end of August, it was found that they held 115.6 trillion KRW (44.6%) in bonds with a remaining maturity of over 5 years. Bonds with a maturity of 1 to less than 5 years accounted for 98.9 trillion KRW (38.1%), and bonds with less than 1 year maturity totaled 44.9 trillion KRW (17.3%).
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