Business · Markets · 1 hr ago
Samsung and SK Hynix make up 87% of foreign net selling on KOSPI
Foreign investors have sold more shares than they bought on South Korea’s KOSPI this year.
Samsung Electronics and SK Hynix account for 87% of those net sales.
The companies are major chipmakers.
In the second half of the year, foreign investors have been selling shares in them to rebalance their portfolios and take profits.
Concerns that the semiconductor market may have passed its peak have also persisted.
As a result, buying by foreign investors has not returned.
Samsung Electronics and SK Hynix made up 87% of the shares foreign investors net sold on the KOSPI this year.
Foreign investors have sold shares in the two companies in large numbers since the second half of the year.
The selling has been linked to asset rebalancing and profit-taking.
Concerns that the semiconductor market has passed its peak have persisted, and buying has not returned.
- Who
- Foreign investors.
- What
- They net sold shares on the KOSPI, with Samsung Electronics and SK Hynix accounting for 87% of the shares sold.
- When
- This year; selling of the two companies increased in the second half.
- Where
- The KOSPI in South Korea.
- Why
- The article cites asset rebalancing and profit-taking, as well as persistent concerns that the semiconductor market has passed its peak.
This story does not have two clearly opposing sides.
Foreign investors net sold shares on the KOSPI, with Samsung Electronics and SK Hynix accounting for 87% of the shares sold.
Foreign investors sold large amounts of the two companies’ shares for asset rebalancing and profit-taking.
- Share of net selling
- 87%
- Companies
- Samsung Electronics and SK Hynix
- Market
- KOSPI
- Selling period
- Second half of this year
Sources
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