Over 1 Trillion KRW Inflows Into iShares MSCI Korea ETF
Recent reports highlight that the 'iShares MSCI Korea' ETF, listed on the New York Stock Exchange, has seen net inflows exceeding 1 trillion KRW this month. This milestone is attributed to the robust performance of the South Korean stock market and the appeal of major stocks like Samsung Electronics and SK Hynix. Through the ETF, foreign investors have been provided a convenient channel to access the Korean market, which has further strengthened the foreign buying trend in the KOSPI index.
The ETF is heavily weighted towards Samsung and SK Hynix, with their allocations standing at 20.8% and 10.94%, respectively. Analysts suggest that positive signals from the new government's economic policies and the potential for interest rate cuts by the Bank of Korea are also boosting foreign investment sentiment. This influx of foreign capital is anticipated to further drive the stock prices of major Korean companies, potentially alleviating the so-called 'Korea Discount'.
Experts indicate that passive inflows from foreign investors are set to continuously bolster the KOSPI index, with a possibility of foreign ownership percentages rising. With these ongoing trends, the South Korean market is likely to maintain its positive momentum, offering investors significant opportunities as reflected in the increase in the number of ETF shares issued.
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Foreigners say 'Buy Korea'... 1 trillion won flowed into Korea ETFForeign investment is flowing back into the Korean stock market. This month alone, more than 1 trillion won has been invested in the representative 'Korea ETF' listed on the US stock market. This is the largest inflow in a year and a half. Analysts note a clear improvement in foreign investment sentiment as the KOSPI recovers the 2900 mark and the exchange rate stabilizes. According to Bloomberg on the 13th, the 'iShares MSCI Korea' (EWY) listed on the New York Stock Exchange saw a net inflow of $770 million (about 1.0584 trillion won) this month. This is the largest amount since January 2023. EWY includes major domestic stocks such as Samsung Electronics, SK Hynix, and Hyundai Motor.
'Korean ETF' Listed in the US Sees Largest Inflow in 1.5 Years... Foreign Investors Also Have 'New Government Expectations' - Digital TimesThis month alone, over 1 trillion won has been invested in exchange-traded funds (ETFs) that invest in the Korean stock market listed in the United States...
Will it reach 4,000?… Record Funds in 1.5 Years Flow into U.S.-Listed 'Korean ETF' - E-Today▲Reporter Hyunho Cho hyunho@ (E-Today DB) The 'iShares MSCI Korea' (EWY), a U.S.-listed exchange-traded fund (ETF) investing in the Korean stock market, has received over 1 trillion won just this month.
At this rate, the sky's the limit?... U.S.-listed 'Korean ETF' sees largest influx in 18 months - E Today▲Reporter Hyunho Cho hyunho@ (E TodayDB) The iShares MSCI Korea (EWY), an ETF listed in the U.S. that invests in the Korean stock market, has seen an influx of over 1 trillion won just this month.