Foreign Net Selling Of S. Korean Stocks Hits Record High In Feb: BOK

robot
Генерация тезисов в процессе

(MENAFN- IANS) Seoul, March 12 (IANS) Foreign investment in the South Korean stock market recorded its largest ever monthly net outflow in February amid growing caution over a potential artificial intelligence (AI) bubble and profit-taking, central bank data showed on Thursday.

Offshore investors sold a net $13.5 billion worth of local equities last month, following $500 million worth of net selling in January, according to the data from the Bank of Korea (BOK), reports Yonhap news agency.

The February figure marked an all-time monthly high, surpassing the previous record of $11.04 billion set in March 2020.

In the bond market, foreign investors bought $5.74 billion worth of bonds in February, compared with purchases of $2.44 billion a month earlier.

Taken together, foreigners sold a net $7.76 billion worth of local securities last month, reversing from a net purchase of $2.39 billion in January.

The February figure marked the second-largest monthly net outflow since July 2008, when the figure reached a record $8.97 billion.

“Equity funds posted the largest monthly net outflow amid growing caution over AI-related investments and profit-taking following recent gains in local stock prices,” said Kim Bo-seok, chief of the BOK’s international financial trends team.

“Larger net inflows into bond funds were supported by bargain hunting amid rising market interest rates and solid investment demand, particularly from the private sector.”

Meanwhile, the science ministry of South Korea said Thursday it has selected around 4,600 individual science researchers to revitalise basic science research activities that had been drastically curtailed under the previous administration.

The Ministry of Science and ICT said it has selected 4,628 researchers to carry out individual projects under a government funding programme for the first half of 2026, marking a 25 per cent increase from the previous year.

The ministry will allocate 643 billion won ($435 million) for the new projects.

MENAFN11032026000231011071ID1110850281

На этой странице может содержаться сторонний контент, который предоставляется исключительно в информационных целях (не в качестве заявлений/гарантий) и не должен рассматриваться как поддержка взглядов компании Gate или как финансовый или профессиональный совет. Подробности смотрите в разделе «Отказ от ответственности» .
  • Награда
  • комментарий
  • Репост
  • Поделиться
комментарий
Добавить комментарий
Добавить комментарий
Нет комментариев
  • Закрепить