South Korea's foreign investment net investment in local stocks hit the largest monthly outflow on record
Foreign investment in South Korean stocks saw a record outflow in May, with net outflows totaling $3.183 billion. This significant withdrawal is attributed to inflationary pressures and liquidity tightening caused by major IPOs. A prominent fund manager predicts a potential 35% drop in the Nasdaq this year, citing volatility in semiconductor and growth stocks as early indicators of larger declines. AI
IMPACT Market volatility and investor sentiment shifts may impact AI-related investments and tech stock performance.