Foreigners turned net sellers of Korean stocks in September, signaling potential capital outflow pressure.
Context
What happened: Foreign investors turned net sellers of South Korean stocks in September, according to Bank of Korea data, after a brief return to net buying in August.
Key numbers: Net stock selling of US$14.16 billion in September, after net buying of $40 million in August. Net bond selling of $5.81 billion, following $4.53 billion the prior month.
Why it matters: The BOK attributed the selling to rising bond yields, Middle East tensions feeding inflation worries, and renewed concerns over excessive investment in AI infrastructure.
What changed
Foreign investors turned net sellers of South Korean stocks in September, according to Bank of Korea data, after a brief return to net buying in August.
Why it matters
The BOK attributed the selling to rising bond yields, Middle East tensions feeding inflation worries, and renewed concerns over excessive investment in AI infrastructure.