Institutional Investors Exit South Korean Equities, BNY Says
BNY's Geoff Yu notes institutional investors are pulling out of South Korean equities, contributing to the KOSPI's brief bear-market move, while retail buyers still provide support.
BNY's Geoff Yu highlights a tech-led strain in South Korea's equity market, with institutional investors exiting positions. This outflow has contributed to the KOSPI briefly entering bear-market territory.
Retail buyers continue to support the market despite the institutional pullback. The divergence between retail and institutional flows is shaping current dynamics in South Korean equities.
Source: FXStreet Forex News