#Latest news with #globalfundsBloomberg5 days agoBusinessBloombergKorean Stocks See Biggest Weekly Inflow in 15 Months on ElectionForeign inflows into South Korean stocks this week hit the highest since March 2024, despite a shortened trading week, as Tuesday's presidential election ushered in an end to a months-long political leadership vacuum. Global funds have added a net $1.8 billion in the equity market to mark the second straight week of inflows, according to data compiled by Bloomberg. That comes with the benchmark Kospi index advancing 4.2% in the week's three trading sessions for the biggest weekly gain since February 2024.
Bloomberg5 days agoBusinessBloombergKorean Stocks See Biggest Weekly Inflow in 15 Months on ElectionForeign inflows into South Korean stocks this week hit the highest since March 2024, despite a shortened trading week, as Tuesday's presidential election ushered in an end to a months-long political leadership vacuum. Global funds have added a net $1.8 billion in the equity market to mark the second straight week of inflows, according to data compiled by Bloomberg. That comes with the benchmark Kospi index advancing 4.2% in the week's three trading sessions for the biggest weekly gain since February 2024.
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