Foreign Investors Accelerate Outflows from South Korean Equities to $30.5B in June

According to Citigroup economist Jin-Wook Kim, foreign investor outflows from South Korean equities accelerated to $30.5 billion in June, up from $27.9 billion in May, driven by portfolio rebalancing and profit-taking. The proportion of shares held by foreign investors in South Korean stocks has risen to 38.9% as of end-June, compared to 32.9% in December last year.
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