Foreign ownership in S. Korean stocks hit a high


- Jung Yeon-je / AFP

SEOUL: Foreign ownership as a share of total market capitalisation reached its highest level in five years and eight months in December amid a rally in the South Korean equity market, a report shows.

Foreigners bought a net 3.5 trillion won of US$2.4bil worth of local shares in December, raising their stockholdings to 32.9% of total market capitalisation, the highest level since April 2020, according to a report published by the Korea Centre for International Finance (KCIF).

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
South Korea , stock , Kospi , equity

Next In Business News

LSH Capital wins Kuantan road contract
Potential for nuclear to fill coal power gap
AI,�eCommerce�tailwinds to buoy logistics sector
Perak Transit names Jeffrey Cheong deputy
EPB eyes transfer from ACE to Main Market
Bus Cap secures Bursa Malaysia nod for ACE Market listing
MM Computer moves forward with IPO
Malaysia prepares�carbon pricing rollout
AEON Credit sets modest FY27 targets amid geopolitical risks
SC appoints Manoj Kurup as executive director for enforcement

Others Also Read