이 누리집은 대한민국 공식 전자정부 누리집입니다.
Biz News Korea(Eng)
EU money flows into Korea’s stock market after Brexit vote
- Collected
- 2016.07.07
- Distributed
- 2016.07.08
- Source
- Go Direct
According to the Financial Supervisory Service on Wednesday, foreign investors have net purchased 113.1 billion won ($97.7 million) worth of Korean stocks during the six trading sessions after June 24 when Britain voted to exit the EU. They also invested 131.5 billion won in local bonds.
By region, net buying by European investors amounted to 272.3 billion won over the cited period, the largest among offshore investors. Investors from the United Kingdom (UK) net sold their stock holdings but in insignificant amount of 9.5 billion won between June 24 and July 1. Asian and Middle Eastern funds also net purchased 157.7 billion won and 82.1 billion won worth of investments, respectively.
On the other hand, investors from the United States net sold 328.2 billion won worth of funds over the cited period, becoming largest sellers.
In June alone, net buying of Korean stocks by foreign investors reached 466 billion won. By country, UK was the largest buyer of 704.6 billion won while by region, EU net purchased 1.29 trillion won. United Arab Emirates was the largest seller of 614.8 billion won in June. In the bond market, foreign investors net sold 2.7 trillion won worth of bonds with maturity date approaching in June.
By Choi Jae-won
[ⓒ Pulse by Maeil Business News Korea & mk.co.kr, All rights reserved]