Citi: Outflow of Foreign Capital from South Korean Stock Market May Continue

robot
Abstract generation in progress
On July 1, Citigroup pointed out that despite the improved outlook for South Korea's current account surplus, the outflow of funds from the South Korean stock market, dominated by foreign investors, may still persist. Citigroup economist Jin-Wook Kim stated in a report that driven by portfolio rebalancing and profit-taking, the outflow of funds from foreign equity investors accelerated to $30.5 billion in June, up from $27.9 billion the previous month. As of the end of June, the shareholding ratio of foreign investors in the South Korean stock market rose from 32.9% in December last year to 38.9%.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pinned