South Korea attracts Foreign Money flows into the stock market
South Korea will announce a series of measures in the coming months to open up its domestic financial markets including a plan to extend trading hours in the foreign exchange market and allow foreign investors to enter the market.
South Korea will announce a series of measures in the coming months to open up its domestic financial markets including a plan to extend trading hours in the foreign exchange market and allow foreign investors to enter the market.
The South Korean government aims to bring those measures into the foreign exchange market with effect from the second half of next year. Trading hours will be extended from 0h GMT to 17h GMT compared to the current 0h GMT to 6h30 GMT.
South Korea is pursuing its goal of adding government bonds to FTSE Russell's World Government Bond Index and its stocks to Morgan Stanley Capital International's developed markets index to help attract more foreign investors.
South Korea will launch measures to make the country's stock market more attractive to long-term investors, such as increasing dividend payments of listed companies and easing regulations on foreign investors.
Data from the Korea Exchange shows that foreign investors have been net selling for three consecutive years with a total of 57 trillion won ($45.8 billion) in value on the South Korean stock market.
South Korea attracts Foreign Money flows into the stock market
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