Foreign investors dump 20.3 trillion won of KOSPI stocks, cutting ownership in SK Hynix and Samsung
Foreign investors sold a net 20.305 trillion won of Korean stocks on the KOSPI between September 1 and October 2, with SK Hynix and Samsung Electronics bearing the largest net outflows. The sell‑off reduced foreign ownership of the KOSPI to about 39.6% and lowered foreign stakes in SK Hynix to roughly 49.8% and Samsung to about 46.4%. Analysts attribute the pressure to profit‑taking, geopolitical tensions and rising global rates. They expect that improved earnings visibility later in the quarter could revive foreign inflows.
Why it matters
Analysts say that if earnings visibility improves, foreign investors may return, supporting Korean equities. The decline in foreign ownership ratios could reduce demand for the affected stocks, potentially weighing on their prices.
Key facts
- 1Foreign investors sold a net 20.305 trillion won of KOSPI stocks between September 1 and October 2. asiae.co.kr
- 2The net sell‑off included 12.009 trillion won of SK Hynix shares. asiae.co.kr
- 3The net sell‑off included 5.186 trillion won of Samsung Electronics shares. asiae.co.kr
- 4Foreign ownership of the KOSPI market fell to 39.66% as of October 2. asiae.co.kr
- 5Foreign ownership of SK Hynix fell to 49.76% as of October 2. asiae.co.kr
- 6Foreign ownership of Samsung Electronics fell to 46.41% as of October 2. asiae.co.kr
Open questions
- Foreign ownership ratio in the KOSPI reported as 39.66% (material 2) and 39.6% (material 1).
- Samsung Electronics foreign ownership reported as 46.41% (material 2) and 46.4% (material 1).
Summary written by AlphAI from 2 of 2 sources. Not investment advice. Figures are as stated by the linked sources.