The combined value of local stocks held by foreign investors has surpassed 510 trillion won, or about 443-point-seven billion U.S. dollars.
 
According to the Korea Exchange on Tuesday, foreigner’s purchased four-trillion-226-point-two billion won worth of local stocks this year alone as of Monday.
 
The stocks snapped up by foreigners this year included ones listed on the benchmark Korea Composite Stock Price Index(KOSPI), worth four-trillion-131-point-six billion won, and 94-point-six billion won worth of stocks listed on the secondary KOSDAQ.
 
Steel maker POSCO were the most popular stocks for foreigners this year, followed by LG Electronics.
 
However, SK Hynix and Samsung Electronics, the two companies that have created a recent KOSPI rally, were dumped most this year by foreigners.
 
Analysts said net foreign buying will likely continue for the time being as the Constitutional Court’s upholding of the parliamentary impeachment of President Park Geun-hye eases some uncertainty surrounding South Korean politics.