The largest investors of South Korea’s stock market, the pension funds have increased their Equity holding in the market as the foreign investors sold out around 400 billion South Korean won.
The bullish move by the pension funds has helped the Kospi index to gain. The domestic investors started buying shares as the economic growth in South Korea surpassed the forecast of 2 percent.
According to sources the Korean Pension funds have bought equity shares valuing around 3.8 trillion till date in year 2010.
The bullish move by the pension funds has helped the Kospi index to gain. The domestic investors started buying shares as the economic growth in South Korea surpassed the forecast of 2 percent.
According to sources the Korean Pension funds have bought equity shares valuing around 3.8 trillion till date in year 2010.
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