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Macro US Stocks

South Korea October Net Foreign Investment in Stocks -$19.31B

Foreign investors pulled a net $19.31 billion from South Korean equities in October, deepening the outflow from a net negative $14.16 billion in September. The bond market reversed course, drawing a net $5.61 billion in October after a net outflow of $5.81 billion the prior month.

Original source

AI take

The split is the story: equity outflows accelerated while bonds swung from a net pullback to a net inflow in the same month. That divergence suggests foreign capital is rotating within South Korea rather than exiting wholesale, with the bond reversal hinting at demand tied to rates or currency rather than risk appetite. The equity figure matters most for a market where foreign flows carry outsized weight on index direction and won sensitivity. Whether the bond inflow persists alongside continued equity selling is the open question.

Generated by AI for reference only.

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