South Korean stocks suffer nearly 3.5 trillion won in foreign outflows today as soaring US and Japanese long-term bond yields spark risk aversion
According to Korean media Daum, Korea Exchange data shows that foreign investors heavily sold off in the Korean stock market on the 19th, with single-day net sales of 3.485 trillion won. Institutional investors also net sold 1.324 trillion won, while individual investors net bought 4.633 trillion won, absorbing the selling pressure.