Foreign investors turn buyers, lift Kospi on chip rebound

Foreign investors were heavy sellers of Korean shares in February and March, but have turned net buyers this month, lending support to the benchmark Kospi. According to the Korea Financial Investment Association on Monday, the market value of foreign holdings stood at 1,821 trillion won ($1.22 trillion) as of Friday, accounting for 38 percent of the Kospi’s total market capitalization. This marks a sharp increase from 1,509 trillion won on March 31, achieved in just eight trading sessions. Forei

By The Korea Herald