Arab Today, arab today foreign holding of s korean bonds hits record high
Last Updated : GMT 23:23:41
Arab Today, arab today
Arab Today, arab today

Foreign holding of S Korean bonds hits record high

Arab Today, arab today

Arab Today, arab today Foreign holding of S Korean bonds hits record high

Seoul - XINHUA

Foreign holding of South Korean bonds hit a new record high last month as offshore investors snapped up local bonds on expectation for the local currency's appreciation against the U.S. dollar, the financial watchdog said Wednesday. Foreign investments in local listed bonds amounted to 88.5 trillion won (78.45 billion U.S. dollars), or 7.2 percent of total ownership, as of the end of March, breaching the previous record high of 86.7 trillion won tallied in Nov. 2011, according to the Financial Supervisory Service (FSS). The record-breaking bond holdings came as overseas investors scooped up local bonds on expectations for the South Korean won's ascent against the greenback, the watchdog said. The largest foreign owner was the European investors who held 25 trillion won in local bonds, or 28.2 percent of total foreign ownership, as of end-March. It was followed by U.S. investors with 18.2 trillion won, Luxembourg investors with 14 trillion won and Chinese investors with 10.4 trillion won. Foreign net investments, calculated by net bond buying minus the amount of maturing debts, reached 1.8 trillion won in March as the European and U.S. investors kept their net investment trend for three straight months, according to the FSS. The Chinese investors widened their net investment to 154.3 billion won in March from 7.1 billion won during the January- February period, with the Norwegian investors maintaining their net investment worth 237 billion won last month. In contrast, net investment by the British and Hong Kong investors reduced by 292.3 billion and 93 billion won in March respectively, posting the second consecutive month of decline. Meanwhile, foreign investors kept their net buying streak in local stocks for three straight months in March, but their net buying eased amid concerns over the global economic slowdown and the technical correction from the rally staged during the short period of time. Investors from Cayman Islands were the biggest net buyers in March by snapping up a net 724 billion won worth of local shares. Investors from Luxembourg came next with 528.6 billion won, followed by French investors with 266.4 billion won. U.S. investors, however, turned to net sellers after buying a massive amount of shares in January and February due to demand for profit-taking. Investors from the U.S. were the largest net sellers in March by dumping a net 502.7 billion won worth of local stocks, followed by Singaporean investors with 282.2 billion won and the British investors with 214.5 billion won. As of the end of March, foreign holdings in local listed stocks stood at 400.7 trillion won (355.36 billion U.S. dollars), or 31.3 percent of the total market capitalization, according to the FSS. The figure topped the 400 trillion won level for the first time in 10 months. The largest owner was the U.S. investors who held 163 trillion won in local stocks, or 40.7 percent of total foreign holdings, as of end-march. It was followed by the European investors with 122.6 trillion won, British investors with 42.1 trillion won and Luxembourg investors with 27.4 trillion won.      

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today foreign holding of s korean bonds hits record high Arab Today, arab today foreign holding of s korean bonds hits record high

 



Arab Today, arab today
Arab Today, arab today Prepares to present her new collection

GMT 14:29 2017 Monday ,20 February

Prepares to present her new collection
Arab Today, arab today Tourism shows signs of recovery

GMT 09:59 2017 Monday ,20 February

Tourism shows signs of recovery
Arab Today, arab today Sarah Belamesh designs antiques of "ceramic"

GMT 19:45 2017 Monday ,20 February

Sarah Belamesh designs antiques of "ceramic"
Arab Today, arab today Optimism on the front line

GMT 07:24 2017 Monday ,20 February

Optimism on the front line
Arab Today, arab today Murder of 2 reporters in Dominican Republic

GMT 22:45 2017 Thursday ,16 February

Murder of 2 reporters in Dominican Republic

GMT 09:38 2017 Monday ,20 February

Japan returns to trade deficit in January

GMT 07:16 2017 Monday ,20 February

Global arms trade highest since Cold War

GMT 06:10 2017 Monday ,20 February

Tourism shows signs of recovery in Egypt

GMT 05:45 2017 Monday ,20 February

Brexit U-turn ruled out by many in EU

GMT 16:23 2017 Sunday ,19 February

Global energy news

GMT 16:05 2017 Sunday ,19 February

Trudeau calls for wider social benefit from economy
View News in Arabic - Business: نفط وبتروكيماويات
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Kidogo provides childcare for underserved

GMT 20:24 2017 Wednesday ,15 February

Kidogo provides childcare for underserved
Arab Today, arab today Tragic fluctuations of Bakhtiari's life revealed

GMT 06:50 2017 Wednesday ,15 February

Tragic fluctuations of Bakhtiari's life revealed
Arab Today, arab today London to tax old cars

GMT 14:06 2017 Friday ,17 February

London to tax old cars
Arab Today, arab today Pluto's unruly moons

GMT 06:31 2015 Thursday ,04 June

Pluto's unruly moons
Arab Today, arab today Nissan enhances sales in most markets

GMT 14:08 2017 Monday ,20 February

Nissan enhances sales in most markets
Arab Today, arab today Competes Sweden and Germans by S90

GMT 22:36 2017 Thursday ,16 February

Competes Sweden and Germans by S90
Arab Today, arab today Egypt to hold first session of Arab film festival

GMT 21:11 2017 Saturday ,18 February

Egypt to hold first session of Arab film festival
Arab Today, arab today Teach monkeys to recognize themselves in mirror

GMT 20:41 2017 Wednesday ,15 February

Teach monkeys to recognize themselves in mirror

GMT 07:30 2017 Saturday ,18 February

Actress Nadeen Al Rassi views art as her entity

GMT 06:40 2017 Friday ,10 February

MP calls for removing text from Islamic story

GMT 19:10 2017 Friday ,17 February

Hats, scarves add beauty to women

GMT 10:26 2017 Tuesday ,14 February

Emergency UN meeting in Harare

GMT 23:29 2017 Thursday ,16 February

Home built on sand castles-style costs $8m

GMT 21:49 2017 Thursday ,16 February

Scientists develop new therapy

GMT 19:16 2017 Friday ,17 February

Aziz House ready to host the tourists

GMT 13:12 2015 Saturday ,09 May

Sheikh Sultan opens Sharjah Centre

GMT 12:39 2017 Monday ,20 February

newest smartphone another winner for Huawei

GMT 13:16 2017 Tuesday ,14 February

First fashion model with Down syndrome
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday