April 20, 2024
Stocks & Bonds
Koreans’ overseas stock investment up 40%
[THE INVESTOR] Koreans’ overseas stock investment has jumped nearly 40 percent in 2017 from a year ago, data showed on May 24.
According to the data by the Korea Securities Depository, local investors’ direct transactions of stocks traded overseas came to US$6.32 billion as of May 19, up 39.9 percent from the same period a year earlier.
The balance of foreign-traded stocks deposited at the clearing agency thus shot up 26.5 percent on-year to US$8.22 billion.
By country, the value of US stocks accounted for the largest portion with US$3.25 billion, followed by Hong Kong shares with US$1.07 billion, Chinese stocks with US$328 million and Japanese equities with US$296 million.
By Alex Lee and newswires (alexlee@heraldcorp.com)
According to the data by the Korea Securities Depository, local investors’ direct transactions of stocks traded overseas came to US$6.32 billion as of May 19, up 39.9 percent from the same period a year earlier.
The balance of foreign-traded stocks deposited at the clearing agency thus shot up 26.5 percent on-year to US$8.22 billion.
By country, the value of US stocks accounted for the largest portion with US$3.25 billion, followed by Hong Kong shares with US$1.07 billion, Chinese stocks with US$328 million and Japanese equities with US$296 million.
By Alex Lee and newswires (alexlee@heraldcorp.com)
