SEOUL, Foreign investors remained net purchasers of South Korean stocks for the sixth consecutive month in April, while they also turned net buyers of local bonds only one month after they ended a three-month buying spree, data showed Wednesday.
They bought a net 2.63 trillion won (US$1.93 billion) worth of listed stocks in South Korea last month, according to the data from the Financial Supervisory Service.
By country, investors from the United States net purchased 3.5 trillion won worth of local shares, while those from Ireland scooped up 300 billion won.
Investors from Canada net sold 700 billion won worth of shares, followed by those from Germany, who offloaded a net 400 billion won.
Offshore investors held 802.5 trillion won worth of local shares as of end-April, marking a 17.7 trillion-won increase from a month earlier and accounting for 28.9 percent of the overall market capitalization, according to the financial regulator.
Meanwhile, foreign investors also net purchased 2.57 trillion won worth o
f local bonds in April, compared with net selling of 5.85 trillion won the previous month.
Their bond holdings stood at 247.2 trillion won as of end-April, marking a 2.9 trillion-won rise from a month earlier and accounting for 9.7 percent of all outstanding public bonds in the country.