Foreign investors dumped more South Korean stocks than they bought over the first 11 months of the year.
 
The Korea Exchange said Monday that foreign investors net sold 154 million dollars’ worth of local shares from January to November, making it almost certain that this year will be the first in four years that foreign investors sell more local stocks than they buy.
 
The bourse operator said that, with the exclusion of China and Japan, Asian stock markets are on track to record net foreign buying for a fourth consecutive year, adding that foreign investors purchased 552 million dollars’ worth of shares in the markets in the January-November period.
 
Still, South Korea’s main index was one of four Asian stock markets that, as of December 17, rose from the end of last year.
 
Japan led the pack by rising ten-point-nine percent, followed by China at ten-point-seven percent and Vietnam at five-point-eight percent. South Korea’s benchmark Korea Composite Stock Price Index (KOSPI) rose three-point-three percent.