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Foreigners offload South Korea bonds, stocks in November
December 11, 2016 / 9:41 PM / 9 months ago

Foreigners offload South Korea bonds, stocks in November

Currency dealers walks past an electronics board (R) showing the Korea Composite Stock Price Index (KOSPI) at a dealing room of a bank in Seoul February 6, 2014. REUTERS/Kim Hong-Ji

SEOUL (Reuters) - Foreign investors sold South Korean bonds and stocks in November led by offloading from European investors, official data showed on Monday.

Foreign investors reduced their bond holdings by a net 1.798 trillion won ($1.54 billion) in November, offloading for a fourth month in a row, the Financial Supervisory Service (FSS) said.

Foreign investors also sold 1.19 trillion won ($1.02 billion) worth of stocks in November after net purchasing for five consecutive months through October.

European investors led the sales, the FSS said.

Reporting by Cynthia Kim

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