HOME
LINKS: ....Korean Stars Image gallery.
Stars Video Archives.
Photo Puzzles of Korean Stars.
Video Guide to Korea.
Beautiful Korean Autum Season Photos.
Traditional Clothes.
Traditional House & Architecture.
Traditional Dancing.
Mountains.
Foods.
Korean Celebrities....
Art..
Music..
Society..
Future
Foreigners Hold 44 Percent of Korean Stocks
AUG.11,2004
Foreign ownership in Korean equities rose slightly in July as international investors maintained a net buying position for the second straight month, the Financial Supervisory Service (FSS) said Wednesday.
As of the end of July, foreign investors held 43.9 percent by market capitalization of stocks traded on the Korea Stock Exchange, up 0.3 percentage point from a month earlier.
The market value of shares held by foreigners dropped 3.8 percent to 146.4 trillion won as prices fell across the board during the recent slump in the equity market.
Foreign investors were net buyers of stocks worth 482.2 billion won in July, following a buying of 352 billion won in June.
July¡¯s figure was down sharply from the average monthly net buying of 2.84 trillion won during the January to April period.
``Foreign investors remained net buyers for the second consecutive month, but the amount of net buying weakened compared to previous months,¡¯¡¯ an FSS official said.
On the technology heavy Kosdaq Stock Market, foreign investors became net sellers, unloading 56.5 billion won of shares.
Overseas investors owned 20 percent of Kosdaq registered, down 0.2 percentage point from June.
| 