South Korea's Central Bank: Foreign Investors Buy Over $4.8 Billion Worth of South Korean Stocks and Bonds in July! Net Inflows Have Appeared for Three Consecutive Months

According to data released by South Korea's Central Bank on Tuesday, foreign investors' appetite for South Korean securities and bonds has continued to show net inflows due to optimistic outlooks on US trade talks and strong performance by local companies.

According to the Central Bank, foreign investors net purchased $4.8 billion worth of South Korean stocks and bonds last month.

By type, foreign investors net bought $24 billion worth of South Korean stocks, while also net buying $24.3 billion worth of South Korean bonds.

The Central Bank noted that although the scale of net inflows in July was slightly lower than the $50.8 billion recorded in June, it has still seen three consecutive months of net inflows since May.

The Central Bank explained that the reason for foreign capital flowing into the stock market is the expected easing of uncertainty surrounding US trade talks and the anticipated improvement in local companies' performance.