Discover which domestic stocks are heavily influenced by foreign ownership as of October 7th. Learn about the top companies impacted, including Samsung Electronics and KG Steel, and explore the implications for their stock prices moving forward.
(p1) Which domestic stocks are influenced by foreigners? As of October 7th.
(p2) Over the past 30 days, the company with the highest correlation between foreign ownership and stock price was KG Steel. Foreigners almost completely controlled it. Kakao Games was ranked 6th, and Samsung Electronics was around 9th.
(p3) In particular, the correlation coefficient for Samsung Electronics has significantly increased recently. It is clear that foreigners are selling off, causing the price to drop.
(p4) Not all listed companies are like that, and among large listed companies, there are many cases where foreign ownership moves in the opposite direction.
(p5) Who are these foreigners? How long will Samsung Electronics continue to decline?
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