Scan to Download Gate App
qrCode
More Download Options
Don't remind me again today

Korean exchange: In the first week of November, foreign investors sold 7.26 trillion won worth of stocks, setting a record for the largest weekly sell-off.

robot
Abstract generation in progress

Golden Finance reports that on Sunday, the Korean exchange stated that in the first week of November, South Korea’s major stock indices experienced the largest single-week sell-off by foreign investors in history. The decline was driven by profit-taking and concerns over an AI stock bubble. The exchange indicated that from Monday to Friday, foreign investors sold a total of 7.26 trillion Korean won (approximately 49.8 billion USD) worth of stocks. This amount set a record for the largest weekly foreign investor sell-off in the KOSPI index history, surpassing the previous record of 7.05 trillion Korean won in the second week of August 2021.

View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)