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(Yonhap) |
Foreign investors remained net sellers of South Korean stocks last month, extending their selling spree for a third consecutive month, data showed Friday.
Foreigners sold a net 3.77 trillion won ($3.26 billion) worth of local stocks in July, according to the data from the Financial Supervisory Service (FSS).
British investors sold a net 2.3 trillion won of stocks last month, while investors from Middle Eastern nations net purchased 500 billion won worth of stocks, according to the FSS.
As of end-July, local stocks held by foreign investors came to 811 trillion won, accounting for 29.4 percent of the country's market capitalization.
Foreigners also bought a net 9.2 trillion won worth of local bonds last month.
Their bond holdings were valued at 195.3 trillion won, or 8.9 percent of the total as of end-July. (Yonhap)
