A Net Inflow of US$2.77bn in Oct.
The Bank of Korea announced on Nov. 9 that foreigners’ stock and bond investments in South Korea showed a net inflow of US$2.77 billion last month. For reference, the net outflow was US$2.29 billion in September after a net inflow in August.
Last month, the net inflow in stock investment was US$2.49 billion. Previously, a net inflow of US$3.02 billion was recorded in August and a net outflow of US$1.65 billion was recorded in September.
In the bond market, they recorded a net investment inflow of US$280 million in October after a net outflow of US$1.31 billion in August and US$640 million in September.
The Bank of Korea explained that they increased their investment mainly in the electrical and electronics sectors with financial uncertainties subsiding to some extent and based on their determination that South Korean stocks are undervalued.