In the domestic stock market, foreigners continued to be net sellers for three consecutive months, reducing their shareholding to 27.7% of the market capitalization. According to the “Foreign Securities Investment Trends in October 2024” report released by the Financial Supervisory Service on the 8th, foreign investors net sold 4.388 trillion won in the domestic stock market last month. Market-wise, there was a net sale of 4.216 trillion won in the KOSPI market and 172 billion won in the KOSDAQ market. Although the net selling volume decreased from the previous month (7.361 trillion won), the trend of net selling has continued for three months since August. The holding balance decreased by 18.1 trillion won from the previous month to 728.87 trillion won. The foreign shareholding ratio compared to market capitalization fell from 29.2% in August to 28% in September and 27.7% last month.
Regionally, a net sale of 1.906 trillion won was recorded in Europe and 1.857 trillion won in the Americas. By country, the United States had the largest net sale at 1.327 trillion won, bringing the U.S. shareholding in domestic stocks to 291.925 trillion won, which constitutes 40.1% of the total.
Conversely, in the bond market, there was a continued net buying trend. Last month, foreigners net bought 8.999 trillion won of listed bonds and retrieved 3.472 trillion won at maturity, resulting in a total net investment of 5.527 trillion won. Foreign bond holdings increased by 5.5 trillion won from the previous month to 268.9 trillion won, accounting for 10.5% of the total listed amount.