Bank of Korea data showed combined net sales of stocks and bonds rose to $30.72 billion from $26.15 billion in May as AI investment concerns and portfolio rebalancing weighed on sentiment.
Foreign investors remained net sellers of South Korean assets in June for a fifth consecutive month, with combined net sales of stocks and bonds rising to $30.72 billion from $26.15 billion in May, Bank of Korea data showed. The central bank said worries about overheated AI infrastructure investment and portfolio rebalancing during a rising stock market hurt sentiment and sped up capital outflows.