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KOSPI and foreign investor holdings hit all time high

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Korea's benchmark stock index, the KOSPI, hit a record high shortly after market opening on Wednesday,... climbing to two-thousand-three-hundred-86 points. And that wasn't the only record set today. According to the Financial Supervisory Service, in May,... holdings by foreign investors in the local financial market have also reached a new all-time high -- at 90 billion U.S. dollars' worth, mostly in bonds.May marked the sixth straight month of net buying by foreigners.Last month, foreign investors spent a total of one-point-eight billion U.S. dollars on Korean stocks.

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