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Korea Exchange. (Photo: Korea Exchange) |
[Alpha Biz= Paul Lee] Seoul, Korea – Foreign investors purchased approximately $4.8 billion worth of Korean stocks and bonds in July, continuing a trend of inflows into the country's securities market.
According to the Bank of Korea's "International Financial and Foreign Exchange Market Trends" report released on the 12th, the total inflow of foreign capital into Korean securities (stocks and bonds) amounted to $4.83 billion in July. In Korean won, this is roughly 6.7 trillion KRW, based on the exchange rate of 1,387 KRW per USD at the end of last month.
Although the trend of net inflows has continued for three consecutive months, the amount was slightly lower compared to June, which saw an inflow of $5.08 billion. Net inflows indicate that more foreign capital entered the Korean stock and bond markets than the amount that left.
Breaking down the figures by asset type, foreign investors had a net inflow of $2.44 billion into bonds and $2.4 billion into stocks. The bond market has seen net buying for six consecutive months, while the stock market has experienced net buying for three months in a row.
알파경제 Paul Lee 특파원(hoondork1977@alphabiz.co.kr)
