finance.biggo.com·1 min read·medium
Foreign Investors Dump $8.1 Billion in Korean Stocks, But Pour $403 Million Into ETFs
✦AI Summary
Foreign investors have withdrawn $8.1 billion from the South Korean stock market while simultaneously investing $403 million into exchange-traded funds (ETFs). This shift occurs as the KOSPI index experiences a significant decline.
Foreign investors, who dumped more than 12 trillion won in South Korean stocks this month, have shown a contrasting move by purchasing nearly 600 billion won worth of exchange-traded funds (ETFs). As the KOSPI plunged nearly 20% in less than a month,... [4620 chars]
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