value of south koreas foreign share holdings gains 103
Last Updated : GMT 09:07:40
Egypt Today, egypt today
Egypt Today, egypt today
Last Updated : GMT 09:07:40
Egypt Today, egypt today

Value of South Korea's Foreign Share Holdings Gains 10.3%

Egypt Today, egypt today

Egypt Today, egypt today Value of South Korea's Foreign Share Holdings Gains 10.3%

South Korea bourse
Seoul - QNA

The value of South Korea's listed shares owned by foreign investors has climbed more than 10% this year as they loaded up on large caps, data showed Tuesday.

    Offshore investors held 464.1 trillion won worth of shares traded on the main bourse and secondary KOSDAQ market as of last Wednesday, up 10.3% from end-2015 and taking up 30.56% of the total market capitalization, according to the data released by the Korea Exchange.

    The percentage represents a 1.42 percentage point increase from the end of last year. The gain was led by foreigners' massive purchase of large-cap issues. Foreign investors owned 38.14% of large caps listed on the main KOSPI market, up 0.86 percentage point from the end of 2015, state news agency (Yonhap) reported. 

    The data also showed offshore investors buying a net 8.87 trillion won (US$8.09 billion) on the main market this year, with their net buying reaching a yearly high of slightly over 4 trillion won in July. South Korea's No. 1 cosmetics maker AmorePacific Corp. was the top buy among foreign investors with their net buying reaching 951.6 billion won.

    Foreign investors posted the highest ownership ratio of 49.9% in electric and electronics shares, followed by the communications sector with 43.1%, transportation equipment with 37.8%, financials with 36.7% and chemicals with 32.3%.

    On the main stock market, Namyang Dairy Products Co.'s preferred stock had the highest foreign ownership ratio of 92.6%, followed by Hankuk Glass Industries Co. with 80.7% and Samsung Electronics Co.'s preferred shares with 79.1%. 

egypttoday
egypttoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

value of south koreas foreign share holdings gains 103 value of south koreas foreign share holdings gains 103



GMT 09:05 2013 Thursday ,14 March

Continued violence in South Pakistan kills 3

GMT 05:39 2013 Friday ,27 September

Israel delays home resettlement for legal reasons

GMT 10:04 2019 Monday ,19 August

Live a tense and noisy atmosphere

GMT 05:27 2013 Monday ,26 August

Facebook rallies thousands to Philippines protest

GMT 21:08 2015 Monday ,27 April

Apple quarterly profit jumps 33% to $13.6bn

GMT 15:53 2014 Saturday ,18 October

In praise of figs for us

GMT 17:34 2015 Friday ,09 October

ERC opens 10 schools in Aden

GMT 06:36 2017 Monday ,30 January

New wave of robots set to deliver the goods

GMT 14:49 2012 Thursday ,09 February

Extracting your sweet tooth

GMT 15:29 2017 Tuesday ,31 January

Saudi, Kuwait equity markets retreat
 
 Egypt Today Facebook,egypt today facebook  Egypt Today Twitter,egypt today twitter Egypt Today Rss,egypt today rss  Egypt Today Youtube,egypt today youtube  Egypt Today Youtube,egypt today youtube

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

egypttoday egypttoday egypttoday egypttoday
egypttoday egypttoday egypttoday
egypttoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
egypttoday, Egypttoday, Egypttoday