S.Korean investors' US stock holdings surpass $100 bn

Quick Summary:

The US stock holdings of South Korean individual investors surpassed $100 billion for the first time, driven by a sustained rally in the US markets and the re-election of former President Donald Trump.

According to data from the Korea Securities Depository, the value of US stocks held by Korean investors stood at $101.36 billion (141.7 trillion won) as of November 7.

The US stock holdings of the South Korean investors surged from just $8.4 billion in late 2019 to $44.2 billion by the end of 2022, soaring to $68 billion last year.

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Category: Economy

Markets: South Korea

Topics: Markets Holdings Korea First Korean Trillion Investors Billion South Stock Market

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-11 @ 11:18:26 (1 weeks ago)

News Timezone: GMT +8:00

News Source URL: kedglobal.com

Language: English

Article Length: 219 words

Reading Time: 2 minutes read

Sentences: 15 lines

Sentence Length: 15 words per sentence (average)

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Copyright Owner: © Korea Economic Daily

News ID: 23507502

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