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According to data released by the Bank of Korea on Thursday, foreign investors made a net purchase of Korean stocks worth 400 million US dollars in August, ending a seven-month wave of sell-off. The Bank of Korea said that although tension in the Middle East is once again heating up and the market is still worried about excessive investment in AI infrastructure, boosted by positive financial reports from major US technology companies and improved market sentiment, foreign investors are buying local Korean stocks in a big way.
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According to data released by the Bank of Korea on Thursday, foreign investors made a net purchase of Korean stocks worth 400 million US dollars in August, ending a seven-month wave of sell-off. The Bank of Korea said that although tension in the Middle East is once again heating up and the market is still worried about excessive investment in AI infrastructure, boosted by positive financial reports from major US technology companies and improved market sentiment, foreign investors are buying local Korean stocks in a big way.
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