Global Funds Speed Up Korea Stock Exit as Record Rally Extends

Foreign investors have deepened their retreat from South Korean stocks, even as the market has kept climbing to new highs on local inflows and the artificial intelligence boom.

Foreigners have sold $11.5 billion of Korean stocks so far in May, on a net basis, according to data compiled by Bloomberg. That has them on track for their third-biggest monthly exit on record, after unprecedented withdrawals in February and March.