Foreign investors return to Kosdaq after year of heavy selling

Foreign investors have turned net buyers of Kosdaq shares this year, reversing last year’s heavy selling as expectations build that tougher delisting rules and broader capital market reforms will help clean up Korea’s junior bourse and narrow the chronic Korea discount. Foreign investors have net bought 2.7 trillion won ($1.81 billion) worth of Kosdaq stocks so far this year, compared with net sales of 2.6 trillion won during the same period a year earlier, according to Korea Exchange data relea

By The Korea Herald