Foreign Capital"s Stake Exceeds 50 Percent in 12 Listed Firms

The active buying of foreign investors, already totaling 245 million shares this year, has seen the number of listed firms with overseas capital exceeding 50 percent reach 12.
According to the Korea Stock Exchange's report on foreign investors' stake in the 725 listed companies, released on May 7, 145.1 million shares are now in foreigners' hands, a 20.4 percent rise over the 120.5 million shares recorded as of the end of last year.
Notably, the firms with foreigners' stake over 50 percent increased to 12 from last year's 11.
Foreigners' total share of all listed stocks rose 0.07 percentage points to 5.89 percent from the end of last year's 5.82 percent as a result of the 2.7 trillion won net purchase of shares as of the end of April this year.
Ssangyong Paper's shares are now overwhelming in the hands of foreign investors with 96.82 percent.
Jooan Kang : jooan@joongang.co.kr