South Korea Stocks Lure Record Foreign Inflows of $3.6 Billion
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Overseas investors bought a record $3.6 billion of South Korean equities this week as the nation’s economic outlook improved.
Global funds acquired more local equities than they sold for a 16th straight day today, the longest run of net purchases since December 2012, data compiled by Bloomberg show. The Kospi completed its third week of gains after touching the highest level since March yesterday, when the won climbed to its strongest level against the dollar since February.