이 누리집은 대한민국 공식 전자정부 누리집입니다.
Biz News Korea(Eng)
Foreign investors’ S. Korean stock purchase concentrates on large cap
- Collected
- 2016.09.26
- Distributed
- 2016.09.27
- Source
- Go Direct
According to the Korea Stock Exchange on Friday, foreign investors net purchased 622.0 billion won worth shares of the country’s top 50 companies, excluding Samsung Electronics, based on market capitalization between September 1 and 22. The stocks ranked between 51st and 400th based on market cap size have attracted an inflow of foreign investment worth 429.9 billion won during the same period.
Foreigners’ net purchase in stocks ranked between second and 400th based on market capitalization has reached 11.95 trillion won this year, according to Seoul-based market data provider FnGuide. Among them, stocks worth 8.25 trillion won or 69.06 percent of the total net purchased by offshore investors were in the country’s top 50 large cap shares excluding Samsung Electronics.
The bellwether Samsung Electronics that experienced foreigners’ net sales after it announced a global recall and refund policy on Galaxy Note7 for battery explosion problem is again attracting foreign funds. Foreigners net sold 1.19 billion won worth of Samsung Electronics stocks last month but they net purchased shares worth 156.6 billion won this month until September 22.
Local stock market experts forecast investors would continue purchasing mostly in large cap stocks until the end of this year if the medium- and small-cap shares do not clearly show improvement in their business performance.
By Han Ye-kyung and Park Yun-gu
[ⓒ Pulse by Maeil Business News Korea & mk.co.kr, All rights reserved]