Foreigners again sell Korean stocks in Sept.

What happened: Foreign investors turned net sellers of Korean stocks in September, after a net purchase in August, according to Financial Supervisory Service data. Key numbers: Net selling of 19.11 trillion won (US$14.25 billion) in September versus a net purchase of 344 billion won in August. Foreign holdings were 2,296 trillion won, or 34.8 percent of market capitalization. Why it matters: The data attributes the selling to extended geopolitical risks and concerns over AI profitability, reversing the brief August buying.

Foreign investors turned net sellers of Korean stocks in September, after a net purchase in August, according to Financial Supervisory Service data.

The data attributes the selling to extended geopolitical risks and concerns over AI profitability, reversing the brief August buying.