Good at Picking Stocks
Korea Exchange announced on April 19 that the top 10 non-ETF picks of foreign investors in the South Korean stock market gained 49.39 percent on average from March 19 to April 17 while those of individual and institutional investors gained 32.69 percent and 43.64 percent on average, respectively.
During the period, foreign investors posted the largest net selling in Samsung Electronics and individual investors posted the largest net buy in Samsung Electronics. The stock price of the company rose 19.76 percent from 42,950 to 51,400 won in that period, when the KOSPI rose 31.34 percent.
The rest of the top 10 picks of individual investors include Hyundai Motor Co., Samsung SDI and KB Financial Group, which gained 52.5 percent, 56.56 percent and 24.18 percent, respectively.
Meanwhile, foreign investors posted the largest net buy in Celltrion during the period. Its stock price jumped 50.28 percent in that period. Their top 10 picks also include Hanjin KAL and Pharmicell, which gained 166.75 percent and 100.65 percent, respectively.
When it comes to institutional investors, the top two are Hyundai Motor Co. and LG Household & Health Care, which rose 13.86 percent. They also bought a large number of LG Innotek and Lotte Chemical shares and those gained 73.66 percent and 65.81 percent, respectively.