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Foreigners offload South Korea bonds, stocks in November

Reuters

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.

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(Reporting by Cynthia Kim)